The global airline industry has made an emergency landing in the political arena, with several major airlines lobbying their respective governments for aid. The reception they got was a study in contrasts.
In Europe, the Italian government agreed to guarantee a €400 million emergency loan to the state-controlled airline, Alitalia, to stave off bankruptcy and possible liquidation. Government officials described the loan as “temporary financing” that would be followed by a restructuring plan. Inde