An infant industry and life support mechanism
Airlines globally rely on the government’s buffer to weather turbulence as they come. But in more stormy climates, strategic incentives for struggling operators should not be a hard sell to the local authorities.
Why four airlines bust in one month
Since the beginning of September, four European airlines have ceased trading, three in the last week alone. Two of these airlines were over 50 years old, demonstrating that it’s not just the newcomers who are struggling.