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> Rather than requesting bailouts and rule changes, imo they should be selling that stock to raise capital. Sell stock to raise capital after airline stocks ha
by dntbnmpls 7y ago
> Rather than requesting bailouts and rule changes, imo they should be selling that stock to raise capital.
Sell stock to raise capital after airline stocks have dropped 70%? Usually you want to raise capital when stocks rise ( like tesla did ).
Also, if airlines start increasing float during a market selloff, it would put even greater downward pressure on their stock price and it would make their financial data ( EPS, etc ) look that much worse.
Your idea is one of the worse things airlines could do, but given their awful track record, they might do it.