RE: Nonsense26 Oct 2020 09:31
I agrree it does seem high, however it seems accepted that RYA has a fairly strong position in future aviation, their drbt is managable and they have a high % ownership of fleet. Added to this it means going forward they do not have excessive borrowing. Also it is not yet known how governments loans to major airlines will be handled, will the governments try and influence pricings and routes.
On a private note I do not see myself doing any long haul holiday flights until at least 2022, I will do more shorter city breaks around europe.