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Tag Archives: Airlines

The airlines industry wants a government bailout. Here’s what needs to happen

The airlines industry wants a government bailout. Here’s what needs to happen

[ad_1] Why, at a time of a global health crisis, would the aviation industry be near the front of the queue for a government bailout? Particularly in the week after Easyjet distributed £174m to shareholders from its profits, including £60m to EasyJet founder Stelios himself – while asking staff to …

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Our skies are full of empty planes. European airlines have been running near-emp…

Our skies are full of empty planes. European airlines have been running near-emp...

[ad_1] Our skies are full of empty planes. European airlines have been running near-empty flights in order to retain valuable airport slots, drawing sharp criticism from climate activists as the coronavirus outbreak dramatically reduces passenger demand. A so-called “use-it-or-lose-it” rule, enshrined under EU law, states airlines must fly 80% of …

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Airlines begging for government cash

Airlines begging for government cash

[ad_1] The boss of EasyJet has warned airlines – which have avoided paying tax on fuel for decades – could go bankrupt amid the coronavirus outbreak without the support from the government, and ultimately the taxpayer. Johan Lundgren, who appeared in a pre-recorded interview with Robert Peston on ITV on …

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