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I don’t see a problem with the loans. They get paid back with interest. I see no problem loaning the airlines money. Grants, however, is something else entirel
by themagician 7y ago
I don’t see a problem with the loans. They get paid back with interest. I see no problem loaning the airlines money.
Grants, however, is something else entirely. If they are in so much trouble they need a literal bailout then they should be nationalized. They can be re-privatized later, after a decade of drama and red tape, but nationalization should be the consequence that’s faced until bad actors can become responsible.
- michaelt 7y ago> I see no problem loaning the airlines money. A cynic would say if the airlines want market-rate loans, they can get them from the market. If the airlines want subsidised loans, that's just a grant with a stick-on moustache.