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Old 22nd Apr 2020, 06:48
  #417 (permalink)  
AndrewH52
 
Join Date: Jun 2016
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The Government isn’t giving Wizzair UK or EasyJet or any U.K. airline a penny. They are guaranteeing loans given by a commercial bank on commercial terms. It only becomes a liability if said airline defaults on repaying that commercial loan.

Balance that with the level of APD that those airlines will have generated for the Treasury over the last 12 months or more. Swings and roundabouts...
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