Oireachtas Joint and Select Committees

Friday, 24 July 2020

Special Committee on Covid-19 Response

Covid-19: Impact on International Travel

Mr. Evan Cullen:

The difference is that there are fixed costs associated with the airline, particularly for the leasing of aircraft. To get through a period of zero income while there is a fixed overhead on leases and so on, an airline needs cash and access to cash-----

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