Nobody likes to see SN fail, I, like several others, just pointed out that SN wasn’t viable before Covid 19 and will be even less so after the crisis. Whilst others were posting record profits SN posted loss after loss despite state aid. During recent years SN needed several bailouts by the state and Lufthansa. Reboot was about cutting down costs and shrinking the airline by at least 10%.DeltaWiskey wrote: ↑02 Apr 2020, 12:08 I also don't understand why so many on this forum would like to see SN fail. If SN goes bankrupt, there will not be a new Belgian carrier! Many investors have already burnt their hand once, they will not do it a 2nd time.
The traffic will be taken over by Ryanair, Easyjet, Wizzair, or if "we" are lucky Transavia or Level, the latter two have at least some decent working conditions.
It's not in the interest of our country that BRU will be dominated by an ULCC like Wizzair or Ryanair, many high paying jobs will disappear.
If there would be unlimited taxpayers money available saving SN would be a no brainer, but unfortunately there isn’t.
The Walloon press is reporting the virtual bankruptcy of Brussels Airlines today, investing 500 million to 1 billion to continue with an SNlight could save 2000 of the 3500 jobs, but there are more than 1 million jobs at stake in Belgium today and many could be saved with a lot less money than the millions requested by SN.
My personal opinion is that we should let go SN and get ready to invest 1 billion in another airline, eg British Airways, in exchange of a Brussels base with 15 to 20 aircraft once we start to come out of this crisis. That would be the best long term solution for employees, Bru Airport and the taxpayer.