UK government says no industry-wide bailout for aviation

[covec]

I’m surprised that airlines (or any business) do not have “rainy day” contingency funds.

There is a limit to what a government (& ultimately the Tax Payer) can afford.

Here in the UK there is the laudable salary protection costs due CV-19, then the Boris Johnson spending pledges e.g. HS2. Then there’s Trident. And then there will likely be a whopping Benefits bill if more & more self-employed or small businesses go bust. E.g. BrightHouse.

The Tax Payer cannot bail everyone out - the UK is now AA- vice AAA due to these spending issues.

I see Easyjet is getting a kicking by commentators on the online BBC News: not much sympathy there and that may well influence politicians...