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What if the government just pays them instead and lets the company fail?

• Leherenn 7y ago
  It's probably much more expensive. The difference is between a loan which will likely be paid back versus paying the salaries of thousands of people for who knows how long. Also, good luck taking a plane in the few months following the crisis. Creating back airlines from the ground up is far from instant, even if you have the planes and crews just laying around.
  • AlexandrB 7y ago
    The salaries will end up back in the economy, low paid workers are unlikely to hoard their bailouts because they need food/shelter/etc. It’s also likely that airlines in chapter 11 would be acquired/restructured as a unit, not necessarily sold for parts.