Should airlines be bailed out by governments or not?
Airlines across the world are asking for public money to see them through the unprecedented crisis for the sector created by the Covid-19 pandemic. But many say they shouldn’t get it. Ben Chu examines the economic case for and against state rescues
No one disputes that the coronavirus pandemic has destroyed the financial viability of many airlines through enforced lockdowns and a general collapse in air travel.
But there’s a great deal of disagreement about what the response of governments should be to the plight of these companies.
Richard Branson is publicly pleading with the UK Treasury for a large public loan for Virgin Atlantic.
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