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[m1k3y1] 29/3/2020 13:12

Qatar Airways is increasing flights while other airlines stop flying

[m1k3y1] 29/3/2020 13:07

logan......if you pay a subsidy, you are subsidising people pay / income.

If people just earned a decent wage in the first place, they could afford to pay market rates for food , services etc and subsidies wouldn't be needed.

[m1k3y1] 29/3/2020 13:05

What do these analysts get paid for ?

Qatar is a Gas producing country. It's oil production is limited.

[loganair] 29/3/2020 13:04

Collapsed airline Flybe’s administrators are in negotiations with the government to buy the regional carrier out of bankruptcy in order to protect the UK’s battered aviation sector.

EY has opened talks with government officials about nationalising the airline in order to serve the UK’s loss-making regional routes.

The talks come as business secretary Alok Sharma announced that insolvency rules would be relaxed for the duration of the crisis in order to keep as many companies trading as possible.

The legislation, which will be backdated to the beginning of March – Flybe collapsed on 5 March – will allow companies “emerge intact the other side of the Covid-19 pandemic”.

[loganair] 29/3/2020 12:58

ham - Can not put a tariff on a purely domestic thing.

On the whole I do not believe in subsidies either, however sometimes required for civic good of a country. without subsidies some parts of the country would just wither away and die.

[m1k3y1] 29/3/2020 12:37

A subsidy is just tax in another guise.
If you ensured employees earned enough money, subsidies wouldn't be needed.

[hamhamham1] 29/3/2020 12:27

Yep, they are a necessity when competing globally against other countries with much lower costs and state provisioning.
Personally I believe in tariffs over subsidies, as one costs money and the other generates money.

[m1k3y1] 29/3/2020 12:21

Ham......not getting into Brexit but subsidies are rife everywhere .

[hamhamham1] 29/3/2020 12:20

Seems quite a good site...

[hamhamham1] 29/3/2020 12:14

M1. You'll be glad we out of the EU then. The EUs budget is mostly spent on subsidies in one form or another.

[m1k3y1] 29/3/2020 12:12

I don't believe in subsidies.

[loganair] 29/3/2020 12:10

Many of the Scottish Island routes are heavily subsidised by the government.

I believe the Anglesey-Cardiff route is subsidised by the government by around £120 per passenger.

[hamhamham1] 29/3/2020 12:10

Branson will need help with his Virgin Cruises as well, could happen to a nicer tax exile, according to link below...

[loganair] 29/3/2020 12:06

Struggling Virgin Atlantic is set to ask the government for hundreds of millions of pounds of taxpayers money to help it stay afloat during the ongoing coronavirus pandemic.

Requests for state help are expected from several other airlines, but Virgin Atlantic led the calls for aid two weeks ago as bookings fell away to almost zero.

But UK chancellor Rishi Sunak has told the struggling aviation industry he will only assist firms on a case-by-case basis.

[m1k3y1] 29/3/2020 12:03

logan...so GOV to operate non profit making routes, in a business they know nothing about ...with taxpayers money ....because ?

[loganair] 29/3/2020 11:49

It may make sense for the UK Government to buy Flybe out of administration for £1, then to operate a slimmed down Flybe, maybe 15 or 20 aircraft on the domestic routes that other operators do not want to take on.

[smartie6] 29/3/2020 11:45

What do you call something that’s redundant and parked for a lifetime on tarmac?


IAG stock.

[m1k3y1] 29/3/2020 11:09

logan....why ....what a waste of taxpayers money and who is going to run it ?

[loganair] 29/3/2020 11:03

'Talks begin' to nationalise failed carrier Flybe. The government to buy Flybe out of administration.

[loganair] 29/3/2020 10:58

Singapore Airlines to raise S$5.3bn in equity, up to S$9.7bn via bonds:

Singapore Airlines will offer all shareholders S$5.3 billion in new equity and up to a further S$9.7 billion through a 10-year Mandatory Convertible Bonds (MCB). Both will be offered on a pro-rata basis via a rights issue, and both issuances will be treated as equity in the company’s balance sheet.

SIA has also arranged a S$4 billion bridge loan facility with DBS Bank, supporting the company’s near-term liquidity requirements. The company would use the proceeds from the rights issues to fund capital and operational expenditure requirements.

[loganair] 29/3/2020 10:50

Left without passengers, airlines are using passenger jets for cargo.

[m1k3y1] 29/3/2020 10:42

Great shame ....747 a fantastic aircraft.