Possibly dumb question... Airlines have spent a shit ton of money on stock buybacks, can't they just re-issue those shares and get some free cash flow? (Obvs hugely diluted)
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I think they should be forced to sell as much stock as they need to to keep afloat. Will it tank their share even more? Sure. I'm trying to decide if I care.
Yeah, I'm with you. They're the ones who chose to spend all their cash on stock buybacks. If individuals are expected to keep months of income liquid so should businesses
