IAG not seeking state aid as Virgin appeals for govt credit

IAG has not approached govts for state aid to assist the company through the coronavirus crisis, CE Willie Walsh has disclosed. Walsh said the company had not followed other individual carriers in seeking financial assistance from govts. “Govts would expect airlines to look at self-help before [calling] on [the govt] to provide state aid,” he says. “Clearly where govts are providing general support – particularly for employees impacted by the current crisis – we would avail of those general facilities for the benefit of our employees.” He says IAG has only sought relief from the EC’s ‘use it or lose it’ slot regulation, adding that he is “pleased” with the “quick” response. <br/>