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What would "planning for a pandemic" look like for an airline? And if they did that, would they have survived for decades competing with airlines that did "risk
by creato 7y ago
What would "planning for a pandemic" look like for an airline? And if they did that, would they have survived for decades competing with airlines that did "riskier" planning for a pandemic?
- chii 7y ago> would they have survived for decades competing with airlines that did "riskier" planning for a pandemic? if the other riskier airline didn't get a bailout, they would've bankrupted today. So in good times, the riskier airline returns more money to shareholders. But those shareholders should know that it's taking a bigger risk. And the difference isn't so much that an airline will be pushed out of the market by not returning 100% of the earnings to shareholders.
- sooheon 7y ago100% agreed. Privatization of profits, socialization of losses needs to stop.