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Old 1st October 2017 | 21:41
  #485 (permalink)  
Call Established
 
Joined: Sep 2002
Posts: 137
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From: UK
Type A

Runway ZB hold a type A and thus the Financial fitness of the airline will be subject to separate bonding requirements. I suspect this is more important than the ATOL.. ERG - economic regulation group of the CAA will be watching them like a hawk of late - looking at losses, exposure, cash position etc.. the more you lose or the more you look unfit the higher the bonding will be required and this will be a cash bond in the bank for the airline side ...
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