To anyone who thinks that the airlines couldn't have seen this coming or avoided catastrophe without a bailout: 1. The airline industry has gotten so concentrated in the past couple of years that Buffett bought into it. Buffett doesn't buy businesses that can't generate returns.
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US Gov should become a shareholder of the airlines (and cruise lines)
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According to the plan they have through weird grants. They are owners in the business until the loans are repaid.
End of conversation
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