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Forum » Airlines want a bailout
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Thread: Airlines want a bailout

post 1600067171 03-18-2020, 12:51 AM
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#151
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Originally Posted By Slayermanlet⏩
It's unsurprising. Airlines operate on razor-thin margins and need to operate at immense scale. They are terribly fragile to any drop in demand.....
Which is a good incentive for conservative financial planning during good times, not dumping everything into buybacks to pump the stock price so your options are worth 8 figures.

If there ever was a time to let them fail, it's now. No hurry to get people flying around the world right this second. Use that money to tide over laid off employees until they can be rehired by whoever pops up to meet demand after liquidation.
post 1600067261 03-18-2020, 12:53 AM
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#152
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Originally Posted By ErnieMccracken⏩
Which is a good incentive for conservative financial planning during good times, not dumping everything into buybacks to pump the stock price so your options are worth 8 figures.

If there ever was a time to let them fail, it's now. No hurry to get people flying around the world right this second. Use that money to tide over laid off employees until they can be rehired by whoever pops up to meet demand after liquidation.
Fair points

Will mull it over
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post 1600079331 03-18-2020, 07:07 AM
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Airlines need to adapt or go out of business.
post 1600080811 03-18-2020, 07:27 AM
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#154
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Originally Posted By Mr
You need an air industry and if they need a bailout to mothball excess equipment and maintain a skeleton service, so be it. This contrasts to say the restaurant or tourism industry, which you don’t need in the same way and can expose to the full force cruel cold winds of capitalism.
Why? It’s convenient but it’s a long way from essential. We don’t HAVE to live removed from family/friends. Cargo can continue. Tourism, pah
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post 1600081481 03-18-2020, 07:37 AM
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#155
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Airlines will get a bailout just like post 911. Flying is vital to the country, it’s transportation of everything we all need. Cargo is the main thing airlines transport (yes even passenger airlines), people are just icing on the cake. The question is if they do get bailed, Will one time be enough?

I’m just worried about what the future holds. If people are scared of the virus, they won’t be flying, or being in close contact in locations where proximity is small to others. When will life return to normal- will it ever?
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post 1600082111 03-18-2020, 07:47 AM
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#156
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Originally Posted By Briisk⏩
Airlines will get a bailout just like post 911. Flying is vital to the country, it’s transportation of everything we all need. Cargo is the main thing airlines transport (yes even passenger airlines), people are just icing on the cake. The question is if they do get bailed, Will one time be enough?

I’m just worried about what the future holds. If people are scared of the virus, they won’t be flying, or being in close contact in locations where proximity is small to others. When will life return to normal- will it ever?
Again.. who is stopping cargo? Rip your fukkin seats out and get on with it. Why does that require a bailout ffs
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post 1600082841 03-18-2020, 07:56 AM
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#157
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Originally Posted By samsbolton⏩
Again.. who is stopping cargo? Rip your fukkin seats out and get on with it. Why does that require a bailout ffs
Yeah, I’m not the one making the call. Lots of people travel for business so that would get slowed down. I guess if airlines go down, other areas of business will feel the effect. I’m not even talking about tourism, although that’s another sector itself that will get hit.
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post 1600085631 03-18-2020, 08:39 AM
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#158
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Originally Posted By Briisk⏩
Yeah, I’m not the one making the call. Lots of people travel for business so that would get slowed down. I guess if airlines go down, other areas of business will feel the effect. I’m not even talking about tourism, although that’s another sector itself that will get hit.
You claimed air travel was ‘vital’ when it almost always isn’t. It’s a luxury
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post 1600086731 03-18-2020, 08:57 AM
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I support a bailout. If they all go under, who the **** is gonna fly me around when this is all over? Who is gonna transport cargo?
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post 1600087221 03-18-2020, 09:04 AM
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theres only a few entities left that WONT need a bailout, like hospitals, distribution(amazon included), manufacturing, food markets, farmers, online entertainment.

Otherwise almost every single business elsewhere is going to be ****ed. You think Ford and GM are selling vehicles right now? You think people are going to dentists, eye doctors, out patient surgeries, dermatologists, Local governments paying workers but getting no revenue, Stores selling anything except food, Large corporations selling anything but food, the list goes on and on.

Saying any one company needs a bailout right now is wild, once this is all said and done the amount of losses and shutdowns will be astronomical.
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post 1600087891 03-18-2020, 09:13 AM
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Cuban on the bailout...couldnt agree more

(these are my opinions i am not a licensed broker by trade)
post 1600088131 03-18-2020, 09:15 AM
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#162
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Originally Posted By CHARBACK⏩
The bailouts wouldn't be so bad if they just fired the whole executive team without any severance packages after it was done. Lmao at failing at your job and still getting your bonuses, u wot.
this. Only if it comes with new people at the top and a restructure.
Order Will Be Restored
post 1600088551 03-18-2020, 09:23 AM
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post 1600103751 03-18-2020, 12:28 PM
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#164
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Originally Posted By BullStampede⏩
brb we are expected to keep 6 months of expenses in savings for situations like this, but not multinational corporations. Who could be behind this?
Privatize gains, socialize losses. Both parties do it.
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post 1600109021 03-18-2020, 01:26 PM
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#165
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Bailing out those companies that spent the last ten years borrowing money and buying back stock ought to be refused to be paid for by the American people by whatever means are necessary. What those firms did was a free market choice -- they ate all of their excess cash flow and then some which was not my decision, nor anyone else's decision: It was their decision and the people of this nation should make clear that turning that decision into our cost will have immediate and serious consequences and, if we are ignored politically, we will draft a document starting with "When in the course of human events...."

We must as Americans make that statement load and clear and we must mean it.

Enough *******!
post 1600109591 03-18-2020, 01:32 PM
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#166
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Originally Posted By hotsaucebrah⏩
Privatize gains, socialize losses. Both parties do it.
And they do this tribal gatekeeping bullchit which is infuriating. Scroll up on this page and you can see it lol.

Oh you don't want to give airlines $800B? "Are you a commie libtard ****gort?" Or on the other side, "we're doing this to save the jorbs so poors can feed their family!"
post 1600109881 03-18-2020, 01:34 PM
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#167
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If the government bails out another industry, I don't care what it is, rather than handing out checks to every US citizen, then people should legitimately be rioting in the streets. If they are going to bail out another industry, then they might as well keep that money and pay for our healthcare. We are either socialist or we aren't. We can't just be socialist when it suits big companies, but "capitalist" when it comes to helping individuals.
Nuggets of Wisdom
post 1600115251 03-18-2020, 02:30 PM
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#168
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Originally Posted By LieutenantGains⏩
This is straight up socialism. I don’t want MY TAX DOLLARS going to your failed business that couldn’t prepare for a recession.
How many dollars are you going to lose?
post 1600115521 03-18-2020, 02:33 PM
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#169
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Originally Posted By CHARBACK⏩
The bailouts wouldn't be so bad if they just fired the whole executive team without any severance packages after it was done. Lmao at failing at your job and still getting your bonuses, u wot.
Kind of on board with this.
"A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand."
post 1600116581 03-18-2020, 02:46 PM
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Originally Posted By Mr
Kind of on board with this.
Executives are going to be the only people to get us out of this mess. Nobody can predict or adequately prepare for a virus pandemic

I dont think the flight attendants, ground crew, baggage handlers, or pilots will be able to fix this
(these are my opinions i am not a licensed broker by trade)
post 1600125211 03-18-2020, 04:32 PM
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Originally Posted By VegasLifter26⏩
Executives are going to be the only people to get us out of this mess. Nobody can predict or adequately prepare for a virus pandemic

I dont think the flight attendants, ground crew, baggage handlers, or pilots will be able to fix this
LOL, you poor deluded sap.
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post 1600125331 03-18-2020, 04:33 PM
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#172
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Originally Posted By VegasLifter26⏩
Executives are going to be the only people to get us out of this mess.Nobody can predict or adequately prepare for a virus pandemic

I dont think the flight attendants, ground crew, baggage handlers, or pilots will be able to fix this
Ho lee fukk. Where do you even get this from?
post 1600127801 03-18-2020, 04:58 PM
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#173
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Originally Posted By ErnieMccracken⏩
Ho lee fukk. Where do you even get this from?
who is going to fix this mess then? And dont say the US govt because they have no idea how to properly run an airline company
(these are my opinions i am not a licensed broker by trade)
post 1600128651 03-18-2020, 05:09 PM
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Originally Posted By VegasLifter26⏩
who is going to fix this mess then? And dont say the US govt because they have no idea how to properly run an airline company
Yeah let's pay the arsonist to put out the fire. That's why the airlines are in this mess in the first place.
post 1600129121 03-18-2020, 05:13 PM
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Originally Posted By ErnieMccracken⏩
Yeah let's pay the arsonist to put out the fire. That's why the airlines are in this mess in the first place.
Thanks for answering my question. Every sector is hurting right now and to try and blame those "evil execs" for this is just ignorant. Airlines were healthy before this, tell me which public or private sectors were adequately prepared for a virus pandemic..?
(these are my opinions i am not a licensed broker by trade)
post 1600130601 03-18-2020, 05:33 PM
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Originally Posted By VegasLifter26⏩
Thanks for answering my question. Every sector is hurting right now and to try and blame those "evil execs" for this is just ignorant. Airlines were healthy before this, tell me which public or private sectors were adequately prepared for a virus pandemic..?
My sector is fine. Plenty are

I’m ambivalent on evil airline execs, I don’t know the details.

But there are industries far more important than the airlines to look after. Air travel is a luxury. Governments have priorities for spending, not a bottomless pit of money
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post 1600130921 03-18-2020, 05:36 PM
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Originally Posted By ErnieMccracken⏩
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.


i like how they compare FCF instead of Net Profit. But, nevertheless, if they saved every single penny from those buybacks from the last decade, it would be barely enough to save a single airline. So, they didn't really do anything wrong, because there really wans't any benefit to do the opposite. There is no amount of money they could've "saved up" to protect the business. I want to see them fail and get broken up, so the unions also get railroaded and destroyed.
post 1600131251 03-18-2020, 05:41 PM
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#178
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Originally Posted By VegasLifter26⏩
Thanks for answering my question. Every sector is hurting right now and to try and blame those "evil execs" for this is just ignorant. Airlines were healthy before this, tell me which public or private sectors were adequately prepared for a virus pandemic..?
Pro tip: your business isn't healthy if you immediately go bankrupt at the first sign of trouble.
post 1600132031 03-18-2020, 05:50 PM
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#179
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dont they spend a lot of their cash on share buy backs to boost their share prices instead of saving them?

fuk them
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post 1600132571 03-18-2020, 05:57 PM
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privatise gains... socialise losses

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