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keith_d · 02-04-20, 08:37 AM

A lot of the 'national carriers' like BA will get bailed out one way or another by their respective governments, and I'm expecting the EU competition watchdog to be forced to turn a blind eye. The European Parilament will just enact some emergency measure to allow governments to ignore the rules on tax payer support for 'critical' industries.

But the budget carriers who work on wafer thin margins and big bank loans are going to be hit hard. Their revenue stream has stopped unexpectedly but the banks will still want their pound of flesh. So it's going to be turbulent times in the airline industry.

02-04-20, 08:37 AM	#4
keith_d Member Mega Poster Join Date: Feb 2009 Location: Ruislip Posts: 1,131	Re: Vapour trails A lot of the 'national carriers' like BA will get bailed out one way or another by their respective governments, and I'm expecting the EU competition watchdog to be forced to turn a blind eye. The European Parilament will just enact some emergency measure to allow governments to ignore the rules on tax payer support for 'critical' industries. But the budget carriers who work on wafer thin margins and big bank loans are going to be hit hard. Their revenue stream has stopped unexpectedly but the banks will still want their pound of flesh. So it's going to be turbulent times in the airline industry. Last edited by keith_d; 02-04-20 at 08:41 AM.