Markos wrote:
Please let's stick to the real facts. The Spanish govt hasn't issued a bailout for Iberia and Vueling. They have just offered a credit line throught the ICO (Offical Credit Institute). That is money (liquidity), to avoid the companies collapse. This credit lines have better T&C's than the traditional banks or investors. This "ICO" credits have been also offered to hundreds of company through all the sectors in Spain.
Summing up: Spanish govt has lent money to Iberia and Vlg as a bank. Iberia and Vlg will have to pay back with a more flexible calendar and with less fees.
It's still money, a credit line, something to keep the 'wolf from the door' Willy 'dick waving' Walsh is on record that no help, at all, should be given to
ANY airline. Utter hypocrisy, and his workforce is suffering because of it.