Blathr Wayne Lorentz

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Showing blathrs with the tag “American Airlines.”

Too poorly run to fail

Monday, March 16th, 2020 Alive 17,856 days

The big airlines want taxpayers to bail them out because of the impact of COVID-19.

Maybe we should learn a lesson from the big banking bailouts of last decade, and add some conditions to this bailout. Like requiring better service and facilities, instead of just allowing megacorps to blow billions on self-serving stock buybacks.

“I don’t think we’re ever going to lose money again.”

— American Airlines C.E.O in 2017
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