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Thread: Airlines want a bailout

post 1600013421 03-17-2020, 11:39 AM
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Originally Posted By MyGhettoFantasy⏩
Prepare for a recession=/=pandemic

You guys are straight up retarded.

If they require a bailout they will get a bailout. Your tax dollars will help bail them out. There is nothing that you are willing to do about that because it's not an actual problem for you. Some of you belong in a third world ****hole.
They are more than likely just pro-free market capitalists.
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post 1600013531 03-17-2020, 11:40 AM
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Originally Posted By LieutenantGains⏩
Nobody “requires” a bailout. The great thing about capitalism is if you fail, you fail. Maybe they should have put those $40 bag fees and tax cuts into savings instead of stock buybacks.
We are a super power because we don't do things like let vital sectors of our economy collapse while we have the wherewithal to do something about it. Especially when it is some act of nature out of everyone's control.

There are other countries that do that. Maybe you'd be more comfortable and happy living somewhere else.
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post 1600013551 03-17-2020, 11:41 AM
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Originally Posted By MyGhettoFantasy⏩
Prepare for a recession=/=pandemic

You guys are straight up retarded.

If they require a bailout they will get a bailout. Your tax dollars will help bail them out. There is nothing that you are willing to do about that because it's not an actual problem for you. Some of you belong in a third world ****hole.
Except for that:

The four biggest U.S. carriers — Delta, American, Southwest and United — have collectively spent about $39 billion over the last five years buying back shares.

Just LOL
Your schtick sucks and it screams insecurity.
post 1600013591 03-17-2020, 11:41 AM
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Originally Posted By drvillain⏩
government regulated travel bans, tell people to stay indoors and "self distance" and wonder why the airlines are losing a ton of money right now.
I don't think they are wondering.
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post 1600013841 03-17-2020, 11:45 AM
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Originally Posted By Ratfish⏩
too big to fail is inherently false

too big is principally why they should fail and be carved up

should have definitely not bailed out the ******* gambler banks last time
I agree with this. Yes, it will cause massive pain and damge short term, but new companies will rise to take the olds place. Making bailouts (for any industry) the norm is a bad bad idea, especially the fuking BANKS. Yes still mad from 08, bailing out some of the most greedy evil coksuckers on the entire planet
post 1600013941 03-17-2020, 11:46 AM
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Originally Posted By digital022⏩
Except for that:

The four biggest U.S. carriers — Delta, American, Southwest and United — have collectively spent about $39 billion over the last five years buying back shares.

Just LOL
Just under what is cost to operate Delta in 2019. Amazing. I wonder what the logistics looks like for allocating 40billion over 12 months and actually making a profit. Probably much more complex than this thread.
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post 1600014111 03-17-2020, 11:48 AM
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Originally Posted By FA*******⏩
So! With that being said, your options are now

A. Bailout
B. Nationalize (and if you pick this option, I don't want to hear you say chit about socialism)
C. Go without air travel as a country.
Do you really believe those are the only options?

How about -

D. No bailout, some airlines fail, some survive. Those that survive profit, new airlines start up. Repeat.

That's a microcosm of the free market system.

Big Airlines have failed before (Pan Am, TWA, etc etc). They will again. We'll still have air travel.
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post 1600014121 03-17-2020, 11:48 AM
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Originally Posted By MyGhettoFantasy⏩
Just under what is cost to operate Delta in 2019. Amazing. I wonder what the logistics looks like for allocating 40billion over 12 months and actually making a profit. Probably much more complex than this thread.
no one in this thread has any idea what they are talking about, especially you... so give us a break and stfu.
post 1600014241 03-17-2020, 11:50 AM
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Originally Posted By exxtracool⏩
no one in this thread has any idea what they are talking about, especially you... so give us a break and stfu.
Coming from someone that is admitting he doesn't know what he is talking about. Especially about me.

Lol
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post 1600014341 03-17-2020, 11:51 AM
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Originally Posted By FA*******⏩
$1.4 billion profit in 2019.

$44 billion gross in 2019.

3% return.

Try again.

Airlines are a low-margin business, not that far away from grocery stores (1%). Getting shut down for 2 months with 0 income and tens of billions in capital sitting idle will kill them.

If you want to fly a plane AFTER this all blows over, it's going to require a 9/11-ish stimulus.
This. Too many people who listen to everything the media says and don't do their own research in this thread. Airline industry is an extremely difficult and capital intensive business. Margins are crazy low and extremely prone to recessions. Should they have held more cash on the balance sheets? Probably. But guys, they don't have the free cash flow (even if they didn't return it to shareholders or buy back shares) to withstand almost NO REVENUE for an indefinite period of time.
post 1600014541 03-17-2020, 11:54 AM
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Airlines are extremely low margin, lots of airlines operate at a loss. In my opinion tickets are relatively cheap...People who are saying that they should have cash reserves on hand to pay for this know nothing about banking or finance. These companies have such high operating costs there would be no way to sustain that. They need to be financed right now and just so you know...in 08 General Motors and BOA paid back their federal bailout money with interest! Its not a gift its a loan
(these are my opinions i am not a licensed broker by trade)
post 1600014661 03-17-2020, 11:55 AM
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Maybe they shouldn't have spent all their money on netflix, iphones, and avocado toast?

Imagine if they just cut out that starbucks latte every day. Where's Dave Ramsay on this one?
post 1600014671 03-17-2020, 11:55 AM
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Originally Posted By MyGhettoFantasy⏩
Coming from someone that is admitting he doesn't know what he is talking about. Especially about me.

Lol
well im not out here talking out of my ass making it seem like im some nobel prize winning economist... like you are. you dont know the financial situation of any of these companies. i doubt youve ever even looked at a 10k filing in your life.



again, give us a break bro..
post 1600014701 03-17-2020, 11:55 AM
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Originally Posted By exxtracool⏩
okay where do you draw the line? there are numerous other industries that are taking sizable losses because of this pandemic... how many of them do you bail out? starbucks has closed many locations across the world for the time being, should you shell out a few hundred billion to cover their revenue? lol


btw this isnt going away anytime soon. wanna cover their share for 5-6 months bro?
If you think Starbucks and airlines have similar overhead expenses or provide anything even remotely similar as a necessity, you're in no position to have any opinion on this scenario.
Originally Posted By 8pilot8⏩
Do you really believe those are the only options?

How about -

D. No bailout, some airlines fail, some survive. Those that survive profit, new airlines start up. Repeat.

That's a microcosm of the free market system.

Big Airlines have failed before (Pan Am, TWA, etc etc). They will again. We'll still have air travel.
30 years ago, I'd agree. Today, the little ones just get eaten by the bigger ones and the prices go up for everyone because there's no underdog. Don't believe me, just look at Disney's properties...
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post 1600014771 03-17-2020, 11:56 AM
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The sad thing is that these ****lords just expect it now.

Timmy and Joan are here acting like retards building up a 6 month emergency fund in case there's a crisis. "Better safe then sorry."

Meanwhile our Soviet leaders dump cash on whatever degenerate industry struggles during the recessions that come around once a decade.

Just LOL
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post 1600014941 03-17-2020, 11:57 AM
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post 1600014981 03-17-2020, 11:58 AM
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They aren't people, companies need to adapt or go out of business. That's how it works.

Delivery business is booming. Automation business is booming. Figure it out.
post 1600015031 03-17-2020, 11:58 AM
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Originally Posted By ErnieMccracken⏩
Maybe they shouldn't have spent all their money on netflix, iphones, and avocado toast?

Imagine if they just cut out that starbucks latte every day. Where's Dave Ramsay on this one?
You mean to say that you don't like a system where profits are privatized and losses are socialized? Are you some kinda commie?
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post 1600015201 03-17-2020, 11:59 AM
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Denying them a bail out would somewhat offset the industries contribution to climate change.
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post 1600015241 03-17-2020, 12:00 PM
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Originally Posted By Jayl12345⏩
If you think Starbucks and airlines have similar overhead expenses or provide anything even remotely similar as a necessity,you're in no position to have any opinion on this scenario.

and you are? who are you?

lol..


answer the question: which privately held companies do you bail out and which do you not? because a lot of them do provide necessary goods and services to the general public, arguably much more so than airlines..
post 1600015331 03-17-2020, 12:01 PM
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Originally Posted By AVOJAMACADA⏩
Within reason isnt expences half assed correlated to revenue?
.brb theyve laid off hald their employees. No flying is no revenue but its also not using 50k$ of fuel and expenses paid out.

And where can you draw the line to what buisnesses get bail outs?

Im a high expense gold miner...many years it take a quarter million dollars to make my 75k to live off. Oh wahhh. Im wel aware of the risks and i own it. Id like a handout pls.
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post 1600015341 03-17-2020, 12:01 PM
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Originally Posted By exxtracool⏩
well im not out here talking out of my ass making it seem like im some nobel prize winning economist... like you are. you dont know the financial situation of any of these companies. i doubt youve ever even looked at a 10k filing in your life.



again, give us a break bro..
You already admitted that you don't know what you are talking about. This is just prattle out of you now.

Give you a break? Your in a thread dumping on other people (that operate airlines) because they said they need s break. You voluntarily came in here. You're not entitled to a ****ing break, bro.
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post 1600015451 03-17-2020, 12:02 PM
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Originally Posted By dopamine72⏩
Strong retardation ITT

Airlines are a staple of our economy, its not just the money they make, its the transportation services they provide. If airlines go down, our economy will go to sh*t. Srs.
Not saying they should be bankrupt, but shareholders and bondholders should get crushed. They are risk assets not guaranteed to go up by government. Those companies have been buying back stock constantly and giving amazing bonuses to their leaders.
post 1600015501 03-17-2020, 12:03 PM
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Originally Posted By dopamine72⏩
Strong retardation ITT

Airlines are a staple of our economy, its not just the money they make, its the transportation services they provide. If airlines go down, our economy will go to sh*t. Srs.
No, there will be a sale of unused planes to new owners who will respond to market demand when people want to fly.
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post 1600015541 03-17-2020, 12:03 PM
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Originally Posted By MyGhettoFantasy⏩
We are a super power because we don't do things like let vital sectors of our economy collapse while we have the wherewithal to do something about it. Especially when it is some act of nature out of everyone's control.

There are other countries that do that. Maybe you'd be more comfortable and happy living somewhere else.
If they’re a fundamental part of our country apparently, why aren’t they nationalized?

Oh wait, I can drive or take a train places too.

F*ck them. Let them learn their lesson. They had massive profits and savings via tax cuts and squandered it all away.
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post 1600015751 03-17-2020, 12:06 PM
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Originally Posted By TBO1313⏩
You mean to say that you don't like a system where profits are privatized and losses are socialized? Are you some kinda commie?
brb making billions
brb spend it all on buybacks
brb demand bailout the instant business tanks

https://www.bloomberg.com/news/artic...buybacks-chart
post 1600015881 03-17-2020, 12:07 PM
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Originally Posted By SippyCups⏩
The sad thing is that these ****lords just expect it now.

Timmy and Joan are here acting like retards building up a 6 month emergency fund in case there's a crisis. "Better safe then sorry."

Meanwhile our Soviet leaders dump cash on whatever degenerate industry struggles during the recessions that come around once a decade.

Just LOL
Yeah it basically allows them to operate more risky/thinly as they know daddy government has their back.
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post 1600016071 03-17-2020, 12:10 PM
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Let them fail. There will always be demand for air travel and maybe the next airlines will operate like businesses instead of trust fund children.


post 1600016241 03-17-2020, 12:11 PM
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post 1600017511 03-17-2020, 12:27 PM
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Easy solution:

UPS and Fedex shuttling service.

They put you in a box and ship you to your destination via truck.

Everyone in cardboard = not touching each other.




Not srs














Kinda srs
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