Bailout or Bust?

Airlines are desperately seeking support to ensure or prolong their survival. Selwyn Parker reflects on a turbulent few weeks as the industry grapples with its COVID-19 cash crisis and outlines what governments worldwide are doing to ease the pain.

Scandinavian Airlines (SAS) – the flag carrier for Norway, Denmark and Sweden – is to receive financial assistance from the governments of each of the three nations.

As scores of airlines face imminent collapse in the wake of COVID-19 and airports everywhere haemorrhage revenues, representative trade bodies are issuing increasingly urgent appeals to governments to come to the rescue with huge subsidies, tax breaks, soft loans, relief from charges and other survival measures.

Become a Premium Member to Read More

This is a premium article and requires an active Key.Aero subscription to view. You can also access it if you’re subscribed to one of our Key Publishing magazines.

I’m an existing member, sign me in!

I don’t have a subscription…

Why not join our community of aviation enthusiasts? Pick one of our introductory offers and access a wealth of world-class aviation content.