RickyBoxer

Kinda like bailing out the airlines and in a month asking for more money, as much as the taxpayers bail you guys out you could at least give a free travel voucher anywhere in the US once a year to express thanks.

Gone Flying

last time I heard of a bailout was after 4 airplanes were hijacked and turned into cruise missles due to inadequate security provided by said government and airlines complying with government guidelines.

this time our (collective) financial situation is due to the government telling people not to buy our product. And now state/local governments are taking putative action against those that do (quarantines)

can u give any example of a bailout that was offered to airlines that was not due to terrorism or the government telling people to not fly?

ny797

You realize this is an airline pilot forum right dummy?? Go away, you’re like a delusional old man yelling at the clouds..literally

tizzizzailslf04

I'm just curious what makes you feel that the airlines are special in this situation, other than the fact that it's our industry? A bailout is a bailout. There are tons of industries that had to literally close their businesses during this time. We aren't special in that regard. It's extremely interesting that the vast majority of guys in this profession claim to be "free market conservatives" and oppose "handouts" to the poor, etc...but the minute the free market doesn't work in our favor, you expect the government (the "big government" that you hate so much) to intervene. The same people I hear in flight decks going on about how welfare is bad and people should just have fiscal responsiblity and save up for a rainy day, are now upset that the airlines aren't getting (at least not at this point) anymore money.

It's been fascinating to watch, to say the least.

ny797

my opinion is simply that the us airline industry is critical to the economy, much more so than anywhere else in the world, due to the fact that major cities are spread out by hundreds of miles. Airline access is critical to connecting these places. When the recovery begins, or there is at least a clearer idea about it, the airlines should be positioned to do what they do best. Yes, other industries are hurting, but the airline industry is the one that connects them all, especially in the global world we now live in.

fcoolaiddrinker

I’m for more bailout across the economy and here’s why. 1) There’s a real danger that if it doesn’t happen it could get costlier (economically and socially) in the long run if unemployment spikes back up. 2) taxpayers aren’t Necessary on the hook. They don’t have the ability to issue currency. The danger becomes inflation and that really wasn’t an issue in 2008 with just shy of 1 trillion. Several Nobel winning economists now agree more should have been spent last time because there was really no inflation but the rebound dragged on. Modern monetary policy makes a legitimate argument that when governments run surpluses all that means is they took more out of the economy than they put in. Congress’s job right now is to dump more money in and the feds job is to control unemployment and inflation. They all agree on that last point its just a distribution argument right now.

pangolin

We are special in that what we do is considered essential infrastructure and transportation.
THAT is what we are trying to preserve.

Av8rPHX

So we should probably nationalize all of the airlines into one big national airline then? Kind of like Amtrak. We could call it AmWay.


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ShyGuy

So as long as society is practicing or even using the term social distancing, flying is not coming back.

fcoolaiddrinker

Airplanes replaced trains decades ago as the way to move goods and services across the country in a timely fashion. Not a good analogy but I hear what your saying. At some point free market has to take back over. I’m just not so sure we’re at that point? Nobody really knows. I do know a complete economic mealtdown still isn’t off the table.