Quote:
Originally Posted by 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?
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.