@menapaulson wrote: There is a $50,000,000,000 bail out in the bill to bail out the airlines Not yet there isn't. No bill has been passed. If an airline runs out of cash, it will go belly up Both American and United went into bankruptcy as a result of the last downturn in 2008. Both emerged much smaller, laying off tens of thousands of employees. edit add: Let's pretend that you are an airline CEO. you have to make a choice. Your options are 1) pay out lots of refunds. Use up your cash reserve, and stand a real chance of driving the company into bankruptcy. 2) Pay out no refunds. Hack off lots of customers, but conserve cash and maximize the chance that bankruptcy won't happen. What option do you choose? This a very real question that airline execs are struggling with
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