Originally Posted by
Tafflyer
Now, the other question is, how many airlines would be in danger of going bust due to this. If, as I read and suspect might be correct, only 20% of compensation due is actually paid, this is potentially endangering the existence of some airlines.
Indeed. And this is what the industry will claim - "customers will ultimately pay for the compensation and/or some airlines will go broke lessening competition and putting employees out of jobs"
Of course in the real world, if current airlines and their managers cant compete in a lawful manner they should go out business and let competitors pick up the business. The aircraft and most if not all the customer demand will still be there and they will also need to employ people.