PPRuNe Forums - View Single Post - IAG: BA restructuring may cost 12,000 jobs
Old 10th May 2020, 10:14
  #445 (permalink)  
GS-Alpha
 
Join Date: Aug 2002
Location: UK
Posts: 752
Likes: 0
Received 0 Likes on 0 Posts
kcockayne, I am in agreement. The airlines are largely in this dilemma due to the actions of the world’s governments, it is therefore entirely appropriate that the governments support the airlines. The nature of the government’s JRS was to eliminate a business’s main expenditure whilst it is unable to trade, thus minimising redundancies with the aim of preventing economic disaster. An airline’s wage bill tends to be just a fraction of its non-trading expenditure, and therefore they require more focused help. Any government failing to provide that help will in my opinion, lose its entire industry.
GS-Alpha is offline