Originally Posted by
IQuitEagle
Not that I like defending the Middle East carriers, but let's be honest. I'd say the elimination of millions upon millions of debt in Chapter 11, plus the forced "renegotiation" of lease terms and rates of other services, is not much different than the government actually giving airlines money. Our bankruptcy laws are a joke.
It's A LOT different than the government giving the US airlines money.....because the US government didn't give the US airlines any money when they went through bankruptcy. And even if you want to stick to your "not much different" argument, it certainly isn't 40 Billion dollars worth like the Big ME have received.