Bail

“The likely tepid response to the airline crisis will equally be fragmented and nationally based. It will consist mostly of bailing out selected national airlines.

“If that is the default position, emerging from the crisis will be like entering a brutal battlefield, littered with casualties.”

So wrote CAPA, in mid-March. 

The first part of the prediction is spot on so far. The world has seen an uneven and fragmented response in government support of carriers. Some are more equal than others, to paraphrase ...

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