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they took the money to operate and not need layoffs, sacked workers to save costs anyways, and the execs took all the money they gathered to buy new sports cars.
I think they’ve been subsidized since 911. Ticket prices have just been too cheap. American is buying up the big name lines. They’ll be a monopoly. Like T-Mobile buying metro pc and sprint.. Even bush wouldn’t have allowed the monopolies to happen.
They did get bailed out, and they are getting money. But to contribute to airlines not crying, fuel prices are the lowest they have been in 15 years. Obama drove the cost of jet fuel, and other fuels, through the roof with his green energy bullshit. It only sort of started recovering under Trump, and after the virus fuel prices crashed.
Airlines have always been somewhat subsidized though, sometimes more than others. But they're in pretty good shape in the CCP Virus era because fuel is so cheap.
Yeah, the governments support them. Most major airlines are quasi government offshoots anyways, considered strategic national economic assets. They always get some kind of government bailout. Similar to railways in that respect.
If individual airlines go under, the assets will be consolidated under at least one remaining airline per nation, to be supported. It's not like government is willing to lose the tech or the infrastructure.
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[–] Tallest_Skil 1 point 3 points 4 points (+4|-1) ago
They got near-total bailouts months ago. They just get whatever they ask for because “too big to fail” like 12 years ago. It’s simple.
[–] 19810708321b 0 points 2 points 2 points (+2|-0) ago
It comes rom CHINA.
They wouldn't wear masks during Flu season, but they will for this, and masks don't stop anything.
It's too funny, and sad.
[–] the_old_ones 4 points 2 points 6 points (+6|-4) ago
they took the money to operate and not need layoffs, sacked workers to save costs anyways, and the execs took all the money they gathered to buy new sports cars.
[–] Minkxy 1 point 1 point 2 points (+2|-1) ago
I think they’ve been subsidized since 911. Ticket prices have just been too cheap. American is buying up the big name lines. They’ll be a monopoly. Like T-Mobile buying metro pc and sprint.. Even bush wouldn’t have allowed the monopolies to happen.
[–] aaronC ago
They did get bailed out, and they are getting money. But to contribute to airlines not crying, fuel prices are the lowest they have been in 15 years. Obama drove the cost of jet fuel, and other fuels, through the roof with his green energy bullshit. It only sort of started recovering under Trump, and after the virus fuel prices crashed.
Airlines have always been somewhat subsidized though, sometimes more than others. But they're in pretty good shape in the CCP Virus era because fuel is so cheap.
[–] CrustyBeaver52 ago
Yeah, the governments support them. Most major airlines are quasi government offshoots anyways, considered strategic national economic assets. They always get some kind of government bailout. Similar to railways in that respect.
If individual airlines go under, the assets will be consolidated under at least one remaining airline per nation, to be supported. It's not like government is willing to lose the tech or the infrastructure.
[–] CognitiveDissident5 ago
The few that are operating are demanding you wear a muzzle, as are the airports. So they won't get any business from me.
[–] CognitiveDissident5 ago
Yes they are getting government handouts