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Why would an airline be too big to fail? They don't have counterparty risk like banks. The airline would go bankrupt, the shareholders would lose their investm
by missedthecue 3y ago
Why would an airline be too big to fail? They don't have counterparty risk like banks.
The airline would go bankrupt, the shareholders would lose their investment, the bondholders would own the new corp, and perhaps the aircraft fleet would get a new livery.
- Spooky23 3y agoPolitical factors - even in these times, the obvious impact on pricing that the failure of Delta, American or United would bring isn’t tenable.