Re:Airlines Are Just Banks Now
by missedthecue on Friday September 22, 2023 @03:32PM
(#37616619)
Why would an airline be too big to fail? They don't have counterparty risk like banks.
The airline would go bankrupt, the shareholders would lose their investment, the bondholders would own the new corp, and perhaps the aircraft fleet would get a new livery.
The airline would go bankrupt, the shareholders would lose their investment, the bondholders would own the new corp, and perhaps the aircraft fleet would get a new livery.