Why? Their assets will be bought up in bankruptcy by another company that has deeper stores, and the planes will continue flying. Shareholders will be wiped out

Why? Their assets will be bought up in bankruptcy by another company that has deeper stores, and the planes will continue flying. Shareholders will be wiped out, but that’s expected if the company you invest in doesn’t save for a rainy day, and returned all its profit to you instead. Moral hazard is real.