U.S. airlines want a $50B bailout. They spent $45B buying back their stock

Re:U.S. airlines want a $50B bailout. They spent $45B buying... by tathougies on Tuesday April 07, 2020 @12:55PM (#22804970)

I've been loading up and I imagine many investors are.

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Re:U.S. airlines want a $50B bailout. They spent $45B buying... by ceejayoz on Tuesday April 07, 2020 @01:24PM (#22805324)

American, Delta, Southwest, and United have about 60% of the US market. They have a combined market cap of about $45B.

The idea that the airlines could issue $50B in shares is a fantasy.

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Re:U.S. airlines want a $50B bailout. They spent $45B buying... by tathougies on Tuesday April 07, 2020 @01:39PM (#22805499)

I believe the 50B is for keeping everyone employed. That is what is fantasy. Most people ought to be laid off in these times. That is what unemployment insurance is for.

Of course, that's not politically popular, which is why the government is becoming involved.

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