I'm sure Thomson (who were releasing 150 or so pilots a few months ago) would have had the credability and longevity in the industry to approach a leasing company for a 767 or two parked up in the Californian desert for a 12-18 month contract. If the leasing company said no, then fair enough they tried and it would have been some money in the bank they spurned .... or am I being too simplistic?
So the government helps out the banks by putting pressure on other UK banks to buy up the failing ones ..... they did it with Rover too, however god forbid it happens in our industry.