Originally Posted by
Andrew_VT
No, the airports are privatized in Europe (they might have a 50 year lease or something). We run them publicly here. Considering the respective politics you'd think that situation would be reversed.
"Letting airports go bankrupt" in Europe just means letting the private companies that manage the airports put themselves through the financial reorganization process rather than bail a private company out with public funds.
Here is an article advocating for the same thing here (in a liberal publication no less!)
https://www.theatlantic.com/ideas/ar...rports/615331/
This^
I’m no expert in airports, but it’s not like they will let their airports shut down and no one can land there. They’ll figure out a way to reorganize or even nationalize some airports.
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