Airlines warn they may not survive without bailout

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Airlines warn they may not survive without bailout
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Bosses of EasyJet and Lufthansa say some airlines may not survive without government support if coronavirus pandemic drags on

The bosses of EasyJet and Lufthansa have said some airlines may not survive without government support if the coronavirus pandemic drags on.

The warnings came just hours after Qantas became the latest major airline to cancel its international flights.It comes as airlines around the world are being forced to cancel services as travel demand dries up. "The longer this crisis lasts, the more likely it is that the future of aviation cannot be guaranteed without state aid," said Lufthansa chief executive Carsten Spohr.Mr Spohr's comments were echoed by the boss of UK carrier EasyJet, Johan Lundgren, who also warned that airlines could go bankrupt without state aid.

"If you take EasyJet as one of the more stable operators in normal times, if this goes on for an extended period of time you're going to have a lot of failures around the airline industry," Mr Lundgren told the BBC's Today programme."I have been working in the industry for 30 years and I have never seen anything like this."

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