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Old 15th Oct 2020, 20:41
  #84 (permalink)  
ElZilcho
 
Join Date: Apr 2013
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Originally Posted by waren9
Whats this I hear about Foran leaving?

He made it clear in the zoom vids state control would be the very worst outcome from his point of view.
Haven’t heard that rumour yet. A lot of talk that he’s “done what he was brought in to do”, and that the 70% Airline was always the goal... COVID just gave the cover to do it.

State ownership, be it 100% or a larger stake similar to 2001 wouldn’t necessarily be a bad thing given the current climate. Shareholders will take a hit of course (myself included) but they’ll recover in time.
State run however would see a lot of changes. With popular politics, we could see a return of loss making regional routes and very little appetite for future international expansion post COVID.

In saying that however, while I suspect we might not see a return of the 777’s, I doubt they’ll (Intentionally) shrink the International fleet anymore.

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