Aviator34ID wrote:qf002 wrote:Aviator34ID wrote:If VA had gone broke 3 months ago, would the Government have rushed in and bailed it out? I don't think so. If it was to occur now, same loss of competition, same loss of jobs. Difficult to make a case for the Government to spend a billion or so of tax payers money to get back into the airline business.
If they had gone broke three months ago then another player would have stepped up to fill the void.
As another one would do now - when there is again sufficient demand in the country for two airlines to make a profit.
That's naive. The risk profile of airlines as investments has gone stratospheric. The return on investment would have to account for that.