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Old 04-22-2026 | 12:02 PM
  #225  
BenS
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Joined: Mar 2012
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Originally Posted by Hedley
Didn’t mean to be political. I think that it’s bad that the government is possibly going to throw half a BILLION dollars at a company that hasn’t been able to make money for years, even with cheap gas. I don’t wish harm for the employees, but this is a colossal waste of taxpayer money. This is after Duffy talked about throwing good money after bad. The irony to me was how this administration initially claimed to be attacking government waste, and then they write a check for $500,000,000. I will never cease to be amazed at how wasteful our government can be.
Quite simply the sales pitch is; without assistance to the value carriers, there's a high probability of 5 bankruptcies and possibly 2 or 3 liquidations if you do nothing...

That is an incredible amount of economic damage..

And hence why $500mil to stabilize the market is probably the best choice.. even if other airlines come after..