Airline Industry Bailout
Thread Starter
Join Date: Oct 2005
Location: Mars
Posts: 44
Likes: 0
Received 0 Likes
on
0 Posts
Airline Industry Bailout
Well when is the Airline industry going to join the "Q" and rightfully get a bailout from Government ? Does this Industry not employ millions as well ?
The usual questions asked by responsible governments when assessing the need for financial support are
Was the company financially healthy prior to the the crisis?
Does it have a robust, profitable and long-term business plan?
Is the company (or industry) of systemic significance?
If the answer's "Yes" to all three questions, there might be justification for financial support.
In the case of airlines, of course, you'll get "No" three times.
Sorry about that...
Was the company financially healthy prior to the the crisis?
Does it have a robust, profitable and long-term business plan?
Is the company (or industry) of systemic significance?
If the answer's "Yes" to all three questions, there might be justification for financial support.
In the case of airlines, of course, you'll get "No" three times.
Sorry about that...
