Wednesday, April 22, 2020

Airline operations industry on brink of collapse, as Swissport calls for $125m government lifeline

Airport logistics company SwissPort is poised to sack 80 percent of its workers unless it gets a $125 million lifeline from the Federal Government. 

Executive vice-president Glenn Rutherford says that without the cash injection to guarantee services like security and checkin, the sector could collapse even if travel restrictions are eased. 

Glenn Rutherford's warning comes as Virgin Australia's administrator is optimistic of restructuring and selling the airline in two to three months. 

ABC's Peter Ryan with the latest.

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