Originally Posted by
NewGuy01
In what fantasy land do airlines even have that kind of scratch?
The entire industry can barely keep its head above water and we are waxing about mergers that just shut down entire airlines?
The denial about furlough makes sense I guess, no one can read a balance sheet it seems.
I think we're talking a couple/few years out, at least I am. These downturns seem to have a pretty predictable cycle, which ends with some M&A.
Also if the other alternative is Ch.11, shareholders might go for a stock-swap or the like... the better-positioned company's share-holders gets growth, the not-so-better positioned shareholders get shares that are worth something.