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The airlines have given billions back to their shareholders over the last ten years. They should now be approaching their existing shareholders for cash (rights
by kqvamxurcagg 7y ago
The airlines have given billions back to their shareholders over the last ten years. They should now be approaching their existing shareholders for cash (rights issue) rather than approaching the government. The current share price of these companies is only being held up due to the expectation of free money from the government.
As others have said, they are privatising the profits but socialising the losses.