IAG International Airlines Group Chief Executive Willie Walsh said that the group would not fall apart due to the various governmental approaches to their local carriers, specifically underlining that there was neither "a prospect" nor "a reason" for the renationalisation of Aer Lingus (EI, Dublin Int'l).

Walsh told The Irish Examiner that the privatisation of the Irish carrier was "absolutely the right thing to do" and dismissed as "total nonsense" the idea that as a state-owned carrier it would be more resilient to the effects of COVID-19 pandemic.

IAG has been opposed to state bailouts to airlines during the ongoing crisis. However, Walsh underlined during a hearing at the British House of Commons Transport Committee that it did not mean that the group would not peruse the available help.

"What I have objected to in the past is state bailout. I would define bailout as when you give cash to a company that has failed or is failing. That is not the case in this situation. There are many fine companies that through no fault of their own are suffering significant financial and liquidity crises as a result of the coronavirus, and, more importantly for the airline industry, as a result of the restrictions that Governments have imposed on travel. I have been very open in saying that, if there are general facilities that are available, we will, where possible, avail of those facilities if it makes sense to us," Walsh said.

IAG itself has already secured a GBP300 million pound (USD368 million) loan from the British Coronavirus Corporate Financing Facility (CCFF), while its two Spanish subsidiaries, Iberia (IB, Madrid Barajas) and Vueling Airlines (VY, Barcelona El Prat), have received EUR1 billion euros (USD1.1 billion) in state-backed loans. Aer Lingus has yet to receive any specific state support.