The Best Way To Understand Why People Are Mad At The Airline Bailout

1 Bal 2020
310 522 Peržiūros

Many airlines spent billions of dollars on their own stocks over the past decade, and are now receiving almost $60 billion of aid from the US government. The airlines say the help is necessary to keep paying their employees, but in some cases, the total buyback amounts over the years could have covered employee salaries during the COVID-19 coronavirus pandemic.
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The Best Way To Understand Why People Are Mad At The Airline Bailout

  • President Clinton's Secretary of Labor Robert Reich spoke out against an airline bailout. Watch Business Insider's live interview with Reich as he breaks down what workers, employers, and the government can do to find the best possible solutions for unemployment and income inequality during the coronavirus outbreak.

    Business InsiderBusiness InsiderPrieš 8 mėnesių
    • Business Insider so worried about unemployment, if the bailout didn’t happen those people wouldn’t have a job after this pandemic because the company wouldn’t exist anymore

      Vlone BanditVlone BanditPrieš 6 mėnesių
    • @Arthur Feitosa America is NOT the greatest country in the world. youve been fed that propaganda bullshit since the day you were born.

    • @A E apple's liquidity ratios are very sound. As of last year end, the cash ratio was around 0.96ish and the current ratio was around 1.5. If all of the company's debt had to be paid back in a week, they could easily do it. And since that is not going to happen, Apple is in a very strong position to bear this crisis with so much free cash.

      Jack HJack HPrieš 7 mėnesių
    • Business Insider 2020(G) “Respect and dignity.” Furthermore:

      BobbyBobbyPrieš 7 mėnesių
    • Ngl, i usually like business insider. Not for my professional analaysis of course, but just for random interesting things. In this case, it's skipping over quite a few key ideas. It probably suits your youtube demographic so gj.

      Jack HJack HPrieš 8 mėnesių
  • If corporations are people, then they shouldn't be bailed out like people.

    ChurlzChurlzPrieš 4 dienas
  • Why all airlines buybacks starts from 2014? What changed ?

    Kaushal ManiaKaushal ManiaPrieš 6 dienų
  • I just don't get it - and might not ever will! When one adds up how vacations are packaged: air, car, transfers, hotel(s), excursions, cruise, fees, and whatever else comes to mind for peace and relaxation, surely, the last industry one think of regarding insolvency is -- the airlines! Dang it!! I guess now is not the right time to ask the boss for a raise?

    UrbanSipflyUrbanSipflyPrieš 2 mėnesius
  • I STILL DON'T UNDERSTAND BUYBACKS!!! Or maybe I don't understand why this is considered a problem bc it's not illegal. All of the airlines do it. It seems the problem with buybacks is everyone is saying had the airlines not done this they would've been able to pay for their own internal problems, but that's assuming the airlines would've used those funds on other profitable investments. Here's why I don't understand. If AA buys back their own stock I don't see how that is profitable or helpful to them in a crisis when you want to unload stock. Currently AA stock is lower than Spirit Airlines stock. The WORST airline on the planet is considered more valuable than the largest airline in the U.S. That is why this is all so unclear to me.

    CandisCandisPrieš 2 mėnesius
  • No more bailouts

    Uma TalluriUma TalluriPrieš 3 mėnesius
  • Safe and sound

    Kaio EstevesKaio EstevesPrieš 3 mėnesius
  • This is grand theft as its finest If youre rich, steal from the tax payers when bankrupt If youre poor its your fault

    Hahmzed YuzefanHahmzed YuzefanPrieš 5 mėnesių
  • a great rundown of the issues

    Umberto FournierUmberto FournierPrieš 5 mėnesių
  • Don't blame the airlines for not having any savings. On average, their profit margins are about 2%. You can blame them for bad management and customer service, but not for the lack of savings.

    Dhruva ShahDhruva ShahPrieš 5 mėnesių
  • I have got to write my say about what has been unfolding the last few months during COVID-19 pandemic and this fake System that everyone is trying to keep up and sustain as is. Especially in the area of financial bailouts and quantitative easing. If anyone would print money from home, they would be called a crook if they want to add it to the existing System. But Governments are printing money at a rate that is unbelievable from absolutely no value at all. One has to ask who introduced this kind of System ? Who were the people who approved of this and by what authority ? During the last few weeks we have seen the largest amounts of printing money in the form or IOU’s, Bond buying, Gilts, Shares and other buying up of debts. Nowhere in the basic schoolbooks this is been taught or written. Yet we are forced to go to school to learn this in preparation to live in the society of hard work and being paid money that is no money but currency. Currency is created by the Government, Central Banks, IMF, reloaned by fractional lending to the customers who want to have a loan, mortgage or other means like using credit cards and prepaid credit cards. Liabilities are now assets for those who can find a victim to pay for what they took out as liability and put it as assets on their accounts in order to live from it and not paying any tax from it themselves. The victim is paying the tax for them, not themselves. This is wicked and evil because the victim is already paying tax from all kinds of things. The Government says they are guaranteed by them. Which is dishonesty and immoral thing to say. It is supported by those that want to continue in that kind of text. Why is it dishonesty and immoral, because it is not Government guaranteed, but by the Tax payer that is siphoned off while you work. In the past few months, Trillions of non-existing currency has been used to bail out businesses, people who are unemployed because of the COVID-19 pandemic. Which means all new currency created has been creating from nothing. In simple terms, numbers put in a computer on the balance sheets and paper money printed to be brought in circulation. How is this moral ? No it is not, nor it can't be ! Why ? Because if you went to school to learn that 1+1 = 2 then how come it is now minus trillions upon trillions on the balance sheets and ledgers. The schoolbook has been raped and thrown to the ground and trampled upon by those who do this, the teachers did not say nothing of what they taught to the children and later adults and were eagerly willing to get the hand outs from the newly created money that was lost on the stock markets. Which now has been propped up with Trillions upon Trillions and agents took their commission out of it and it still has not stopped to do this in the future. This helicopter money/currency is invalid of having no value against it. It is by word of mouth this is believed it has any value. All it is, is numbers typed in a computer, plus and minus. The wickedness of this all is that everyone just took this FIAT money from their taskmasters who will later bring in price rises, inflation and increased taxes while they themselves who work for the Government from that currency that is created. This is false, immoral and evil. What it means if they can create all that money out of nothing and have propped up everything, there is no reason to go to work like that. You can have an excuse we printed or created it anyways to get thing going with later telling people go to work, in order to be paid with fake FIAT money and pay taxes out of it. This is very immoral. It is dishonest and false. What it is then ? Well, it is theft, deception and simply evil. If we do not comply we will be punished by the same people that get money out of this currency stack that they are upholding and this is complete dishonesty. People are being killed for a fake 20 dollar note by those police officers that put their knee in their neck for 8 minutes and 47 seconds to make their case, YET, all those who create this fake FIAT money go free and get no knee in their neck for 8 minutes and 47 seconds until they have died while screaming, I can’t breathe ! I know now people who do not care about this at all, yet profile themselves are moral and honest. While they clearly are not ! These are the one’s that want to keep up that System that is the root cause of poverty among the poor, the disabled, the less bookish, the least educated. Education now means, I have got more knowledge than you that came from someone else that wrote that knowledge so now I have to be paid more than another person. This in comparison with shop stackers, road cleaners, drain cleaners, other cleaners, cashiers, nhs nurses, bus drivers, bank tellers, other low level workers. These were the guys that kept the countries running. Not those with their big education because they were all told to sit at home with their high level education, their logic, their pedantic talking to you when you did not stack up to their high level visibility that was useless in the case of this COVID-19 pandemic. But they were not choked on the fact they could get free money from the Government that later must be paid back by the entire society that will be taxed, price increases and the inflation of many goods that are needed such as Petrol, Diesel, Electricity, Water, Public Transport, Aviation and Tourism for example. How these people can hold up they are moral and honest is just a farce to me. They don’t have to come to me and say how moral or honest they are, while they are downright immoral, liars and thieves from everyone else’s money that the Government will extract from OUR MONEY that is OURS not theirs by every means that is possible ! The story is: Government gives you money by literally forcing their hand in your wallet, purse and bank account, then later tell you, what I have taken from you, you now need to pay back more when you work, pay tax and through price increases, public transport ticket rises and many other matters from non-existing currency turned to money that has no value whatsoever. How can Government chancellors sleep, Bookkeepers, Accountants, even to the Petty Cash book owners about how they have been duped, lied to, deliberately being deceived and misled in their own consciousness when taking from another, bail out those that are already rich and have big bank accounts and do not pay from that. My personal opinion ? IT is a Disgrace ! Evil ! And those who are in it think, I don’t know their schemes and traps they are setting out. The fact is, I know it and I am speaking out while others keep quiet being hypocritical and only looking about saving themselves out in it and keep ignorantly being deceived, immoral, keep lying for others and carry on to uphold it. I am convinced and know that the existing way of upholding this that nothing will be resolved ever in poverty, sickness, slums, housing shortage, inequality with this kind of immorality and deception in place for those that invent these immoral and dishonest rules and regulations. For 12 years where I live we were put on austerity in 2008 onwards. Now money can be created by the stroke of a pen and at will that is nonexistent and no value against it. Money needs to have value in order to be used to pay for something. This is clearly not it and immoral and deception and above all fraud. I want accountability for those who have created this and imposing this upon those that unable to get out of this in their lifetime. We are constantly being cheated and being deceived with false promised from Politicians and those in the Councils. We are given 0.00% interest now on savings accounts, while they are using it on the stock market to make gains from our money. We are charged high interest rates when we want to use credit cards, loans and mortgages. How can everybody sitting still and not being disturbed by this and just accept this ? This is our money. Not theirs. They never had any in the first place and being immoral and deceiving is their way to treat us. We should not accept this, we must not sit still and go with what they give us as scraps and use the system to make victims of their liability schemes and traps they have set out. Is there anyone who want to fight with me about this immorality and falsehood ? Who ? Why do we keep swallowing this ?

    Michael FlamingSwordMichael FlamingSwordPrieš 5 mėnesių
  • No bailout

    Varun SawantVarun SawantPrieš 6 mėnesių
  • I disliked the video

    Nature PortalNature PortalPrieš 6 mėnesių
  • Stock buy backs are good👍

    Nature PortalNature PortalPrieš 6 mėnesių
  • They did the risk. Don’t give them any money.

    Soochul SongSoochul SongPrieš 6 mėnesių
  • They could just sell more stock to raise funding. Might not be pleasant but beats government funding

    Graham XGraham XPrieš 6 mėnesių
  • Why is it that everytime a Republican is in office, the country truly suffers. Look at all the times America was in a recession..who was leading the country. Now the airlines want a bailout

    lotheanlotheanPrieš 6 mėnesių
  • Noticed when Buffett started to buy airlines ...garbage

    Hermand LoHermand LoPrieš 6 mėnesių
  • How about instead of giving them free money we take equity instead. If our money is needed to keep them afloat, then we should get something back for it.

    Maximilian van VlietMaximilian van VlietPrieš 6 mėnesių
  • It’s the American way: Help the rich and screw the poor! Trumpinomics at its finest!!

    Rogelio FernandezRogelio FernandezPrieš 6 mėnesių
  • If Only we as people could work together to end this. Stop using these companies, they only do it because as people we continue to allow it.

    Fat Daddy StacksFat Daddy StacksPrieš 6 mėnesių
  • Is this socialism or not? Americans confuse me. They hate socialism but love the benefits.

    Einl EinlEinl EinlPrieš 6 mėnesių
  • Great explanation, the leaders of these companies should be fired and held accountable.

    Kyle LeeKyle LeePrieš 6 mėnesių
  • the data shown here was framed to villainize company buybacks, but did you notice how buyback cash over 5 years equates to 1 year of paying employees? Employees are an extremely difficult expense for a company (but no one wants to admit it out loud). They want to pitch the middle class as victims but they dont understand it's difficult for companies to garuntee payroll obligations on such a large scale to hundreds and even thousands of employees.

    Nick BertocchiNick BertocchiPrieš 6 mėnesių
  • You know the people who own these companies need to make just as much as their entire staff what else is going to buy that 2.3 billion dollar home in Cali

    juper 505juper 505Prieš 6 mėnesių
  • The risk is at the creditors. Nullify debt, nullify shares, and transfer ownership to the entity that bails out. If this is government, then only temporarily until a new buyer is found.

    Hans HeiniHans HeiniPrieš 6 mėnesių
  • FIRST charge the shareholders. Issue stock! Thus devaluate existing shareholders

    Hans HeiniHans HeiniPrieš 6 mėnesių
  • In a free market economy companies that are creditworthy get credit from banks. But if the bank believes they'll go bankrupt, they don't. If government needs to intervene, it means free market economy/capitalism is flawed.

    Hans HeiniHans HeiniPrieš 6 mėnesių
  • Even if they didn’t spend the money on stock buy backs they still wudnt and rightfully Shudnt have paid any employees anything. Thats how a business operates. No business, no work, no payroll. U shutdown the economy and thats it. A business will layoff employees and rightfully so. Of course as we all know now it was all exaggeration by 10 times atleast. The real reason was a power grab, eating away at more personal freedoms, more monitoring & tracking, and a desperate last min attempt by the left since its an election year. After spending 4 years “investigating” wild conspiracy theories they cud find no other way to oust Trump. So lets shutdown the economy. Anyone who cant figure this out has got to have less brain processing power than a single celled amoeba. I am sure lots of liberal commies who use CNN and MSDNC as their primary source of news will now be offended. But again that is the democratic agenda. Anti-business, mass poverty, government guaranteed paychecks, and total control & government monitoring.

    W SW SPrieš 6 mėnesių
  • But. We’re in this together...

    Kyle DKyle DPrieš 6 mėnesių
  • I worked at United. The funny thing about those employee numbers is that half of them are contractors. There's contractors that have been there for years. In March they released every one of them, one day after the CEO did a webnar for the whole company and said the last thing they wanted to do was lose a single employee.

    squirreljester2squirreljester2Prieš 6 mėnesių
  • Why are buy backs still legal??? Time and time again research and emperical data has proven that buy backs only help the rich. There is no trickle down!!!

    Paul BurnsPaul BurnsPrieš 7 mėnesių
  • Get the airlines to reissue the shares they bought back over the past few years. Sure they won't get the money back that they paid for them, but they won't need a bailout

    mjribesmjribesPrieš 7 mėnesių
  • Nothing wrong with stock buybacks. This mechanism is used to balance the company capital structure, if there are not good investment opportunities out there. The issue here is the federal rescue, with public money.

    Victor ParkVictor ParkPrieš 7 mėnesių
  • Wow actual evidence that corporations are blackmailing and threatening the government with employee retrenchment. "we need a bailout to protect and preserve the 750k Jobs in airline companies and 10 million jobs in airline support industry " is just a nice way to say "bail us out or we will fire 750k + 10 mil people"

    Gwee Jia HanGwee Jia HanPrieš 7 mėnesių
  • 2016-- every airline spent the most on stock buybacks. That was money that the federal government gifted them in the form of tax-breaks. They were supposed to invest that money in things that grew their business to increase tax revenue and increase their safety net. But as you can see-- they used it to make their executives and shareholders wealthy, which does not help the economy. So we ended up with more federal debt-- our debt. Regular people's debt. Three big examples among hundreds and thousands more of corporations being trusted with implementing trickle theory. They never do and they never will. Republicans trust corporations to do the right thing and don't trust the people. Remember that.

    HollywoodF1HollywoodF1Prieš 7 mėnesių
  • Airlines are essentially state owned at this point...

    Noah ThompsonNoah ThompsonPrieš 7 mėnesių
  • Let them go bankrupt and give the money to those who really need it 😠.. stop gifting money to irresponsible companies.. stop handing money to the rich...

    aestheticsounds.aestheticsounds.Prieš 7 mėnesių
  • Our country spent 2.2 trillion, we only have 329 million people even if they gave us a million each it's still less than 5% and we only got $1,200? Corruption is happening and the sad part we allow it to happen every year and election

    4th Chamber Music & Reviews4th Chamber Music & ReviewsPrieš 7 mėnesių
  • Corruption always wins

    4th Chamber Music & Reviews4th Chamber Music & ReviewsPrieš 7 mėnesių
  • Corporations investing in their stock, without rainy day funds is like a guy burning all his money on brand new shoes when rent is due

    Anonymous PanaceaAnonymous PanaceaPrieš 7 mėnesių
  • Why don't they just sell the stocks they bought?

    Ikaika ArnadoIkaika ArnadoPrieš 7 mėnesių
  • Blame Ronald Reagan for letting them do this

    dion smithdion smithPrieš 7 mėnesių
  • How where they supposed to know that there would be a pandemic.

    david mathewsdavid mathewsPrieš 7 mėnesių
  • Share issue is meant to raise funds. There is nothing illegal about buybacks. It’s an indirect method of paying back people who gave money as an investment. This reduces the load on dividend and as you’ve noticed such buybacks have resulted in higher employment and higher overall salary expense. This whole piece is idiotic.

    david mathewsdavid mathewsPrieš 7 mėnesių
  • Greed is good?

    oterenceooterenceoPrieš 7 mėnesių
  • Look at what they did for the last bailout

    Sōshi MiketsukamiSōshi MiketsukamiPrieš 7 mėnesių
  • Capitalism at work...

    Kutlwano SesingKutlwano SesingPrieš 7 mėnesių
  • Apple: The benefit of having a CEO who has an in-depth understanding of Supply Chain Management.

    Morgan - ViceMorgan - VicePrieš 7 mėnesių
  • Sure they could have but it makes no sense to keep an excess of employees from a business standpoint

    DDPrieš 7 mėnesių
  • No bailouts for the corporations, period. Like what happened, arent they a super huge business that deals in millions or more in a month, arent they supposed to be on top of the game ,with all their executives hired from top bussiness schools, and one day all of a sudden they are like, oh someone did an oopsie and we need monies, else we wont be able to pay thousands of people who work for us. there should be an investigation on how they screwed it all up, and lessons need to be learnt. an example should be made out of the people involved, they should be punished for criminal charges, not capital punishment, since many lives are directly affected by the screw ups.

    Sceaser JuliusSceaser JuliusPrieš 7 mėnesių
  • Shame on these companies and the trump administration. I haven't even gotten one unemployment check and its been two months, This is america help out the big corps and let the people suffer. What a joke

    edward Lopesedward LopesPrieš 7 mėnesių
  • Why do that when you could just fire those people and keep all the money? 😈

    Gregory CarterGregory CarterPrieš 7 mėnesių
  • So the governments spends the tax payers money on companies which just layed off 25mio employees, for what exactly?

    MoritzMoritzPrieš 7 mėnesių
  • Even if they do not spend money to buyback stock, they will still put the money somewhere else for maximizing the profit. As business owner, do you leave your money in bank and doing nothing? If you are worker, or someone who spend every penny you make, then you do not need to answer this question. Simply because you do not have that option.

    maeda thienducmaeda thienducPrieš 7 mėnesių
  • Crazy that Democrats are more fiscally conservative than Republicans now

    Joel CrowJoel CrowPrieš 7 mėnesių
  • It is business what can you expect? They set it up to rake in money no matter whose expense it is.

    jaypee amuljaypee amulPrieš 7 mėnesių
  • Let the stock owners take the pain for this: Nationalize the companies.

    RogerWilcoRogerWilcoPrieš 7 mėnesių
  • No, they will not learn anything, except that the taxpayers will bail them out. If they had not done the stock buy back, they would have gone out of business in the past 10 years. The whole system is broken. Not just for airlines, but for most companies. The short term returns dominate any long term risks.

    RogerWilcoRogerWilcoPrieš 7 mėnesių
  • vote more government, sheep.

    Umh ChudUmh ChudPrieš 7 mėnesių
  • This video was a waste of time. They spent of lot of their profits in buying back the shares but then there is nothing wrong in doing that!

    Chinmay AgrawalChinmay AgrawalPrieš 7 mėnesių
  • that’s where most Americans on welfare go, hospitals, airports and hotels

    welfare officewelfare officePrieš 7 mėnesių
  • So in this crude economy only way to go get richer or get fucked i get it now.

    Volkan ÇobanVolkan ÇobanPrieš 7 mėnesių
  • I'm pretty sure the airlines could not foresee a fear war waged by China with a virus scare that would bring the country to a stand still.

    Shawn Green For US SenateShawn Green For US SenatePrieš 7 mėnesių
  • no one is mad. get real

    Sunset CliffSunset CliffPrieš 7 mėnesių
  • How does it happen that they lose money when they did not even burn a little of Kerosene during that time? Why not bail out people? They end up paying the airline companies anyway? Is it that they lost money, or it is just that they will not be able to meet their projected profits for the year 2021? Someone answer all my questions, please!

    Juvent .HJuvent .HPrieš 7 mėnesių
  • 1:51 he keeps saying billions but on the side of the graph is says millions, which is it?

    Armedturtl3Armedturtl3Prieš 7 mėnesių
  • Aren't shareholders the owner of the actual company and Delta in 2018 spend 4+ billion dollars on growing the business so they should have not used that to or what they just should not pay back the owner only 1.2 billion dollars that they got back. dividend + buyback . The bailout in only used in America the company can do good whatever it want that benifit the owner/ shareholders.Amd bailout should be given I agree on that it only happens in Western countries . So it's crony capitalism and again Corona virus is a sudden drop in business which no one could see comming .

    Kevin GonsalvesKevin GonsalvesPrieš 7 mėnesių
  • Also, if you bail them out all the time, they're just going to keep being irresponsible.

    kesayokesayoPrieš 7 mėnesių
  • Great video thank you.

    rick berlandrick berlandPrieš 7 mėnesių
  • Fed has the valuable currency it can just print print print the dollars for airline

    Sree JithSree JithPrieš 7 mėnesių
  • This video is kind of like saying " well if you didn't waste money on clothes, cigarettes, entertainment then today you would be a millionaire " While that probably is true but that's not the same as saying that just cause I didn't put the money in that ( buybacks) , that I wouldn't also put the money in something else

    YouCanCallMeRoYouCanCallMeRoPrieš 7 mėnesių
  • Let them fail!!

    fasthandszfasthandszPrieš 7 mėnesių
  • Not to mention the TVM of the buybacks.

    Sheik AyubeSheik AyubePrieš 7 mėnesių
  • Complex situation because people wanted to have more wealth with bigger risk and without funds

    ragna the blood edgeragna the blood edgePrieš 7 mėnesių
  • Buy American Airlines now while you ca big upside return

    Rick dudeRick dudePrieš 7 mėnesių
  • The crazy thing is that holding onto that cash would of boosted their stocked equally or possibly higher that stock buybacks. Plus they wouldn't be in the gutter during an economic downturn.

    Antony CAntony CPrieš 7 mėnesių
  • 95% of profit used in share buybacks year after year after year. What happened to having 6 month spare cash flow? LOL Not only did they use 95% of profit to buy back shares they also use that amount went to the Banks and borrow More. Leverage. In short they only keep the barest minimum to barely keep Operational cost running.

    kl wieskl wiesPrieš 7 mėnesių
  • No cash flow because you used all on cash buyback. This is why you need them to go bankrupt. And let the stocks become paper. And stop using tax payers money to save them.

    FillinyournameFillinyournamePrieš 7 mėnesių
  • Wait airlines is doing r&d? I thought it was Boeing building the planes? (Seriously I'm curious in what capacity are airlines doing r&d?)

    Juan CastanedaJuan CastanedaPrieš 7 mėnesių
  • Congress needs to pass legislation to prohibit companies buying back there own stock, but unfortunately congress is bought and paid for by big businesses, banks and Wall St!

    Youra NineeYoura NineePrieš 7 mėnesių
  • I'm assuming somebody else has made this point...but it bears repeating. The excuse that the airline industry did not see a pandemic coming is simply unacceptable. Executives are compensated obscenely because they supposedly have "leadership" and "vision". The global science and medical community have been beating this drum for decades...that it wasn't a matter of if but when. When you run a business with the astronomical costs and razor thin margins that are typical of the aviation industry, it's assumed that you would have the foresight to sock it away...but not these criminals. The only leverage they have is the careers of hundreds of thousands of people, and using that leverage the way they do is tantamount to using women and children as human shields in a gun battle. It's heinous. It's cynical. It cannot be rewarded anymore. Let them go belly up and move that bailout money directly into the hands of the ex-workers to help them rebuild their lives.

    Tony ChamberlistTony ChamberlistPrieš 7 mėnesių
  • Airlines can kiss my ass, after not giving a refund for my flight to New York... the epicenter of the disease. Why would I want a 3 month credit (which at first wasn’t even worth the same amount) when I am trying to pay my bills as a restaurant worker whose restaurant isn’t open.

    Zac RussellZac RussellPrieš 7 mėnesių
  • Tax payers getting shafted since the inception of taxes

    Mihad AlzayatMihad AlzayatPrieš 7 mėnesių
  • disinfect the inside of all air craft then we will start flighting again

    dan deribasdan deribasPrieš 7 mėnesių
  • clean the inside of every flight then I will fly again

    dan deribasdan deribasPrieš 7 mėnesių
  • They shouldn't keep any money either because they could give it to workers? You sound like a imdoctrinated communist. As if employees cannot get payed in stock. It's just an asset you sillyhead. If they do the buyback right then that is good for everyone.

    William PowellWilliam PowellPrieš 7 mėnesių
  • The airline bail out at 25 billion is nothing compared to 2.5 trillion ,how much do you think the banksters will get. 2 trillion that is going to wall street ,we are in a depression and dow going up .

    tea leaf readertea leaf readerPrieš 7 mėnesių
  • Airlines didn't decide to lock down, the government did, therefore the government should pay for its wrong doing

    3resg3 3resg33resg3 3resg3Prieš 7 mėnesių
  • Guess you could look at this in this way - on the other hand, however, if they don’t buy back stocks, it may shatter the confidence of the investors which may have more serious consequences. I’m no expert in this - not sure what’s going on

    Yusi LiuYusi LiuPrieš 7 mėnesių
  • If we can deal with an almost complete economic shutdown we can deal with large companies that aren’t financially sound going out of business. We need to allow natural selection to take its course.

    David DavisDavid DavisPrieš 7 mėnesių
  • Socialism for the rich and capitalism for the rest.

    Hellkite1999Hellkite1999Prieš 7 mėnesių
  • Thet are are buddies, politicians and ceo's, on the same side and against all of us

    gretchen greengretchen greenPrieš 7 mėnesių
  • Airlines are the main cause of spreading the virus worldwide. Instead of getting a bill out, they should be sued!

    Ohana Digital FilmworksOhana Digital FilmworksPrieš 7 mėnesių
    • Nah, China is. The airlines needed to be refused and file Chapter 11 bankruptcy. The companies would still function but investors would get nothing for their stock(s) and the big money makers didn't want that.

      trilighttrilightPrieš 7 mėnesių
  • Money wins

    Thom DeanThom DeanPrieš 7 mėnesių
  • ...that why the US is scare of Communist which is better than them!

    Ankiodzuong dzuongAnkiodzuong dzuongPrieš 7 mėnesių
  • The airline industry is always on a knife edge as unforeseen but predictable circumstances can arise at any moment. These vile executives held their employees and tax payers to ransom. They are negligent to the extreme and it must be close to criminal. How can they be trusted with bail out money? These are the same people that will oversee job cuts. It is hard to comprehend the sheer audacity of people that really are just scum and a blight on society. They probably don't even realise what foul creatures they are. Would the world be much better off without these pieces of shit? I have a hard time justifying their use of oxygen.

    Michael GranthamMichael GranthamPrieš 7 mėnesių
  • A final condition of the bailout should be that all CEOs ride coach. Oh, and middle seat, too.

    Business CasualBusiness CasualPrieš 7 mėnesių
  • Your graph is wrong it showed millions up the left side. You said billions ?

    Dougie FreshDougie FreshPrieš 7 mėnesių
  • Good times they hide profits off shore reduce or not pay tax bad time it’s tax payers money to the rescue. Yes people are not personally paying out of their pockets but they will do so in inflation from printing all this money reducing the value of the currency. Yes corona virus is not companies doing but you can not have it both ways. They should sell the shares to raise money for business operation costs just like in good time they can afford to buy back shares.

    Peter PanPeter PanPrieš 7 mėnesių