Airlines have a way out, it may mean a very different aviation landscape for a few years, but that will change. Only the boldest and the bravest will make it through. The question is can they see it?Read more "Airlines “horrified” by next years bookings need to change strategy now"
Back in July Virgin Atlantic’s primary creditors agreed to refinance its debts and the credit card companies, which had been holding back some £400m in ticket sales from the airline in case it went bankrupt (and ironically in doing so making its situation worse), agreed that they would pay the airline what it was owed. […]Read more "Virgin Atlantic deal agreed to keep airline flying"