In March the Chancellor, Rishi Sunak, wrote to us all as Chief Executives making it plain that the Government will only assist aviation as a last resort. Each business was told to exhaust all refinancing avenues prior to receiving Government help. And whilst other sectors as a whole were offered support – road haulage, ferry operators, retail, train companies – aviation had to find its own independent commercial lifeline.
This it has done but not without pain. My business announced 4,500 lay-offs and others made similar drastic cuts and continue with more...more
