IAG and easyJet have just agreed some big loans, and TUI have just raised half a billion through a share issue haven’t they?
I think Jet2 will probably have to do the same eventually, but the fact they haven’t yet might point to them being more attractive to the banks and share purchasers?
I guess we’ll see anyway. If we get to the point where deaths haven’t come down by summer, then that means the vaccine hasn’t worked. And if the vaccine hasn’t worked then the entire country will reopen for business as there’s nothing else we can do, apart from wearing masks, keeping a distance, and washing hands regularly.