Apparently not the OP.....who makes reference to the 60s and 70s, yet didn’t start his airline career until ‘90 or so.

Free markets and capitalism. Yes, it is socialism that is saving the airlines and jobs. If only our medical system were next. Haves and have nots. I guess I know too many have nots.

Have a blessed day.

haves and have nots, or makers and takers? life’s what you make, not what someone else says you get.

Actually no.

It's the enlightened self-interest of politicians which is saving the airlines since their collapse would dramatically increase the severity and duration of of the economic impact of COVID... which would be bad for said politician's careers. If covid caused the concrete of the interstate highway system (or big hydro dams) to dissolve, they'd pay to preserve that too. That's government doing it's thing.

All government functions are not "socialist" in the context of what the term means in our society. It's a matter of degree.

The government caused the shutdown and subsequent economic calamity. Even with the bailouts, many businesses aren’t coming back.

Call it a socialist handout if you want—but make no mistake it will be paid for at one point or another.

Socialist? It’s the American way...put it on a pay later card!

um. Nooooo. Wrong. Try agin. Next!.....

This was caused by the federal government, ergo, they have a responsibility to help fix it. We are all dumber from reading your post. I award you no points, and may God have mercy on your soul.

If airlines end up furloughing in October then this bailout money was useless. All we did was run up the national debt and put tax payers on the hook for it. I don’t see how this is going to be perceived as a good thing. Basically the CARES Act just kicked the can down the road.

The point was to preserve national infrastructure. It did that.

If nothing was done, many or most of the big majors (and the little ones) would have dumped something like 70% of their employees and then filed BK before Jul 1st. Then the economy would have that huge boat anchor during the recovery, plus the capacity would have been tied up in BK proceedings and not available when the recovering economy really needed it.

It was a rush job, and a blunt instrument but it had to be done.

Politics got in the way, so a lot of money went to paying workers to not work. Would have been more reasonable IMO to allow 30% furloughs, or allow 40% across-the-board pay cuts (regardless of CBAs) but reasonable doesn't always fly in the real world.

Actually keeping all the employees allowed the airlines breathing room to assess and plan. I'm certain there will be fewer furloughs than if they were in a panic to avoid liquidation in a matter of weeks. As it is, they're trying to plan and staff for 2021... otherwise they'd be staffing for Sep 2020, and doing it out-of-seniority with an emergency court order.

yea, to hell with those employees about to lose their jobs. That 6 months that they used to job hunt/stash away cash was unreasonable! It’s their own fault the feds told us all to stay home and not travel...........Dude, u are a first class, grade A douche bag.