Originally Posted by
BenS
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..
This doesn’t stabilize any market, though. It buys them a few more months of runway.