Video Duration 25 minutes 50 seconds
From: Counting the Cost

Bankruptcy and bailouts: When will the airline industry recover?

Airlines continue to receive life support from governments, totalling $243bn since the start of the pandemic.

At least 40 airlines have collapsed since the beginning of the coronavirus pandemic. After the worst year on record, the industry is likely to record losses of $52bn this year.

Without government bailouts and furlough schemes, many airlines may not have survived but not all states have deep pockets. So, why would this be the right time for Norwegian low-cost airline Norse Atlantic to start a new long-haul carrier? Chief Executive Bjorn Tore Larsen explains why.

And as Tesla joins the exclusive $1 trillion club, David Thackray, director of Tevva, explains why his electric truck company is way ahead of the competition.