We’re really through the looking glass now that another airline bailout isn’t just something being snuck into a $2.2 trillion piece of legislation, but isthe only standalone action Congress might take, leaving aside more pandemic unemployment, bailouts for state a...
The airline bailouts meant that taxpayers, rather than equity and debt holders, took a haircut. Only 10% – 15% of the money allocated in the second and third round of bailouts totaling $29 billion went to actually keeping people employed who might have otherwise been fu...
The Organisation for Economic Co-operation and Development says air transport is essential for territorial cohesion and development convergence. A slump of Kenya Airways (KQ) #ticker:KQ would not only ruin our regional hegemony and international reputation, but also hurt international sup...
Within a few short months of the attacks, the airlines had not only secured a financial bailout package from the federal government,11 but they had also achieved another long-desired measure. After repeatedly refusing to do so in years past, Congress finally passed legislation mandating that ...
The U.S. Treasury is going to step in and save the airlines. But does this temporary relief make them good investments?
Delta expects future government bailoutsBastian has internalized the moral hazard of bailouts, declaring “we’ve proven the government will be there for us if ever needed again.” (This was such a mind-blowing admission I’m flagging that it takes place at 47 minutes 59 seconds.)...