Originally Posted by
JonnyH
If they’re rarely posting profits, they cannot gain any capital off their shareholders, then how can you expect them to be bailed out to the tune of £500/£600M? Nobody knows how long this will continue for too and this could easily be the first time they go to the “well” for taxpayers.
Surely the extraordinary circumstances of the global pandemic and consequent travel bans by various governments needs to be taken into account for all airlines? These are not normal trading conditions so why should it just be determined on whether they were profitable or not before. The US government put in place money for the aviation industry to help them survive this crisis yet the UK government doesn't seem to be doing anything like that and people in general seem quite happy to see airlines fall one by one if necessary and some seem to relish the prospect of certain airlines going bust.