Originally Posted by
Mesabah
The grants may require equity as well, it's up to Mnuchin. Republic would have to get DAL, UAL to surrender equity.
I think this is how it will go. You want your regional saved, buck up some equity either in hard assets or stock. Mnuchin is smart and I don’t see him letting these greedy, irresponsible airlines just run free with this. They have brought this on themselves with all the stock buybacks and blowing all their cash. I’m no socialist but if any industry could use a little government ownership its this one.