I would normally agree, except I think allowing mergers just creates another massive failure of an airline. If you believe that all airlines are in deep trouble if there isn’t a turn around relatively soon (as I do), then what does allowing mergers solve? AA may be in the worst shape, but if we are at the point where only a merger can save us, I believe everyone is doomed.

A merger would only solve the issue of a failed business model. I think the business model is sound, the state of the market is the issue. I believe the airline sector can only heal with the end of the pandemic.