Let's hope the no state aid to Flybe is true and stays true | Nils Pratley

The rescue deal could prove a pragmatic fudge, as long as it
does underwrites the owners

The least surprising development in the
Flybe saga
was Willie Walsh throwing a tantrum. The rescue of
the struggling regional airline is “a blatant misuse of public
funds”,
thundered the boss of IAG
, owner of British Airways, as he made
an official complaint to the European commission.

That’s the same IAG, note, that enjoys a feather-bedded life
thanks to its control of 56% of the landing slots at Heathrow, the
most capacity-constrained airport in Europe. BA doesn’t get a
leg-up via grubby Flybe-style negotiations with ministers but, if
the airline industry wasn’t so riddled with politics, and if
flag-carriers didn’t enjoy such lobbying power, IAG’s share of
landing slots at Heathrow would have been capped at 30% a long time
ago.

Source: FS – All-News2-Economy
Let's hope the no state aid to Flybe is true and stays true | Nils Pratley