4 ms·
This seems unintuitive to me, but I am far from being an economist. Airlines, hotels, restaurants, airplane makers, brick and mortar stores, has had and will
by ThinkBeat 6y ago
This seems unintuitive to me, but I am far from
being an economist.
Airlines, hotels, restaurants, airplane makers,
brick and mortar stores, has had and will have
a torrent of bankruptcies as will industries connected
to them.
I know several European airlines are bankrupt and being
kept on life support by governments pouring money in.
The number of travelers will not recover in the foreseeable
future to the pre pandemic numbers.
Let them fail.
The guy behind "Norwegian" (NAS) the airline, quit NAS a while back and now he has started a new airline, buying up cheap deals on airplanes and airport permits.
Probably a great idea as long as he has enough money
to sit on those assets for a while.
I dont see how Boeing can survive.
If the military contracts are large enough perhaps
- tinus_hn 6y agoBoeing can easily survive if it’s deemed too big to fail.
- adamcstephens 6y agoDon’t feel bad about not being an economist. They mostly make shit up anyway, but dress it in fancy math and words to make it seem important.