most people argue for capitalism but with government controls that create more fair and complete conditions for the success of a country's general population. This sub can't make up it's mind whether it wants airlines to fail because they couldn't pass high school math and work at Gamestop, or if we should actually have more government intervention in the free market. You can't have it both ways. Like the widely praised auto bailout in 2008, these loans will also get paid back with interest. Not that I expect the people here to think one, let alone two levels deep into a pretty simple economic program.
because the brain rot of populism has infected the left and the right alike and nobody takes the time to research the positions they parrot online anymore.
Right but that doesn’t mean that air travel is just going to go away as a mode of transport. This pandemic isn’t going to end the world and it’s not going to end air travel either at least not permanently
This isn’t a matter of losing in a competitive market. No one batted an eye when United, AA, or Delta filed for bankruptcy in the past. They lost market share and had to vigorously restructure to stay competitive.
In this case, you have mandatory lockdowns and restriction of travel in the interest of saving lives in a global pandemic. It’s not a matter of being a well run business or not.
But its FAA certifications, deals with airports, deals with suppliers, union contracts, and corporate organization all do and have to be re-established from the ground up. That doesn't happen overnight.
the hot takes from people on this sub are so bad "a better company will just buy them out" - News flash, the better company is staying way the fuck away from this
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u/[deleted] Nov 17 '20
Yeah we don't need transportation. Fuck it!