Must...Fly!
Senior Member
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- Jan 12, 2010
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There is little doubt that a liquidity crunch is coming to airlines in Australia like a tidal wave, as bookings have all but collapsed.
While many sectors of the economy need assistance, as this is AustralianFrequentFlyer, I feel it is not out of place to focus on the aviation industry.
So with that in mind, specifically what can the government do to ensure that airlines (Particularly thinking of Qantas, Virgin Australia, Air North and REX) do to ensure their survival at the other end of this pandemic in a few months time? Other than just pump money in to the sector?
Could the government legislate a special form of protection to prevent too much capital outflow? Airlines will need assistance in negotiating with unions, with lessors for lease payments and with airports for payment of landing & parking fees (particularly the latter as aircraft will be wrapped up for a while).
Would be great to know the thoughts of others here on AFF - even if it is that you think the outbreak and travel restrictions won't be so bad as to require measures such as this.
While many sectors of the economy need assistance, as this is AustralianFrequentFlyer, I feel it is not out of place to focus on the aviation industry.
So with that in mind, specifically what can the government do to ensure that airlines (Particularly thinking of Qantas, Virgin Australia, Air North and REX) do to ensure their survival at the other end of this pandemic in a few months time? Other than just pump money in to the sector?
Could the government legislate a special form of protection to prevent too much capital outflow? Airlines will need assistance in negotiating with unions, with lessors for lease payments and with airports for payment of landing & parking fees (particularly the latter as aircraft will be wrapped up for a while).
Would be great to know the thoughts of others here on AFF - even if it is that you think the outbreak and travel restrictions won't be so bad as to require measures such as this.
