PPRuNe Forums - View Single Post - Lufthansa board reject € 9 Bn rescue plan
Old 1st Jun 2020, 12:46
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armagnac2010
 
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Compared with Germany, people in other countries tend to own their living place, rather than renting it and spending their income on useless luxury car leasings. This is indeed why there are no speed limits on Autobahn; get the average German family to spend a disproportionate amount of their wages on Mercs or BMW. We all know buying a car is the best way to lose capital. So in the end, German median wealth is low, compared to the living standards of the country. A respectable choice, except it promotes CO2 emissions, and hopefully the EU will pay a closer look at it.

Back to the topic, bitte. Ensuring DLH has some minimal competition will actually benefit the flying public flying to and from Germany, mostly German presumably. Not only the ones flying to Ibiza, but also the business people, DLH fares are simply horrendous in business.

The bailout plan is money for the stakeholders, and to a lesser degree, for the employees; they save their investment and keep their jobs. Redistributing slots will benefit the general public, ie the taxpayers.

A fair deal, isn’t it?
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