4 ms·

There's a whole society that exists outside of these shareholders and they need airlines to travel.

• chewz 7y ago
  There is valid business opportunity then.
  • boh 7y ago
    For what? Making other airlines after the existing ones fail?
    • chewz 7y ago
      Or re-capitalizing existing ones. Honestly I would not worry about airlines, restaurants and other non-essential business at the moment. They will be all right eventually, when demand for their services comes back. If not, someone else will step in. I would rather be giving unlimited tax money to Roche for increasing capacity in producing as many tests as necessary and more, to LVHM for converting their Chanel No 5 production lines into producing hand-sanitizer, to Roll-Royce for producing ventilators and to other front-line business,
      • boh 7y ago
        Lumping airlines and restaurants in the same category might make sense for the efficient market section of an economics textbook, but food trucks aren't "stepping in" for "front-line" businesses. For the past century being "alright eventually" has always demanded government support. Though businesses have never actually corrected any economic crisis in history, maybe this time they will? I guess blind faith has its benefits, but it's not a particularly strong strategy.
• ardy42 7y ago
  > There's a whole society that exists outside of these shareholders and they need airlines to travel. Then wipe out the shareholders and let the companies reorganize under new ownership.