Re:U.S. airlines want a $50B bailout. They spent $45B buying...
by czbond on Tuesday April 07, 2020 @12:52PM
(#22804932)
They won't "go under". Force them into bankruptcy, someone buys them and assets out of bankruptcy. Management learns that there are huge ramifications for poor management decisions prioritizing investors short term wants vs business long term needs.
[ Parent
| on HN ]
Re:U.S. airlines want a $50B bailout. They spent $45B buying...
by AnimalMuppet on Tuesday April 07, 2020 @01:27PM
(#22805372)
"It is good to kill an admiral from time to time to encourage the others." It is good to destroy incompetent, short-sighted management from time to time, to caution the others.
Re:U.S. airlines want a $50B bailout. They spent $45B buying...
by czbond on Friday April 10, 2020 @10:08AM
(#22833137)
Funny enough - I thought you were serious and agreed with me - and just found out you were being facetious. ;)
Re:U.S. airlines want a $50B bailout. They spent $45B buying...
by magduf on Tuesday April 07, 2020 @01:09PM
(#22805162)
Sounds good to me. I'll bet there's some Chinese airlines that would like to expand their operations and have the cash to do some buyouts.
Re:U.S. airlines want a $50B bailout. They spent $45B buying...
by viklove on Tuesday April 07, 2020 @04:55PM
(#22807374)
A Chinese airline cannot run domestic routes in the US. You seem to know very little about travel regulations.
Re:U.S. airlines want a $50B bailout. They spent $45B buying...
by magduf on Tuesday April 07, 2020 @11:14PM
(#22809708)
Well then maybe that law needs to be rescinded.
Re:U.S. airlines want a $50B bailout. They spent $45B buying...
by secstate on Tuesday April 07, 2020 @02:13PM
(#22805830)
Not sure if you meant this sarcastically, but if that happens, fuck it. This is the world we made. To pretend we have free-market capitalism while propping up shitty business practices with tax-payer sponsored bailouts is not free-market capitalism. Institute laws about foreign governments buying up bankrupt assets or something. But for the love of god don't just bail them out.
This is the same as scolding a child hitting their sibling and then giving them a fucking cookie. Then when they keep hitting people, at least have the sense not to be confused why they don't learn.