This is a disaster for all at Gill, but also for the NE economy and aviation in general. I understand the girls and boys are not getting paid for Septmeber, if so this is a disgrace. I cannot understand the rationale behind the withdrawl fo funding by Bank of Scotland. Sure aviation is going to have a difficult time, but Gill had got through worse than this, and doesn't feed antlantic routes. BA had thrown in the towel when it failed to push them out of EGNT-EGAC.
If the US can provide temporary relief for their industry, why can't TB and friends? This removes the last vestige of competition to BA, and throws Prescot's "integrated transport policy" into a spiral.
As for Bank of Scotland, a plague on their house.