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Meh. Let it burn. We don't bail out humans that are down on their luck. Shouldn't bail out lifeless multi billion dollar corporations.
Business people need to get places. For example, my FIL has a small business and needs to regularly travel all over the country and world to do sales, estimates, repairs, etc. A significant reduction in available flights means he has less ability to get to those places, it will cost him a lot more and could severely limit his ability to conduct his business. Multiply that out by however many business people travel and it could be a huge problem.
Very possible. Hopefully someone will step up to buy them. Every financial crisis will then just put us one step closer to the Bezos family controlling the entire planet.
I support whatever bailout/support/stimulus is needed so long as the money is tied to reform. Real reform. Changes that benefit workers and customers. Changes that will force these industries to be more resilient in the long term even if it means lowering short term profits.timschochet said:
This will speed up security.timschochet said:
Skype can’t install products, repair them or do everything needed to perform estimates on large scale jobs. It can only replace certain things.
I agree, I still don't see why we should be bailing out these corparations because they have a downturn. They have to deal with it just like the rest of us do.timschochet said:
This is beyond corona virus. Airlines have been boning the public for decades. If they want money this needs to end. Executive compensation slashed, board seats for workers, and a real bill of rights for travelers. If they don't like it they can pound sand.
They've been ####### us over the last decade with baggage fees, change flight fees, and fees to just reserve a ####### seat.
They should have socked away 25% of their profits for emergencies instead of living to paycheck to paycheck. Not our fault they didn't do that.
No one is saying they do. All we are saying is no free lunches. If they want a bailout then tax payers need to get something too.
This has nothing to do with fault. It has to do with how their collapse will affect you and me.
I agree with the overall point. But as to a couple of months- we just don’t know. Nobody knows.
Agree, but when you gouge your customers for decades and have crappy procedures and protocols because people have to travel then don't expect them to want to help you out in your time of need.
They can have these plans in their back pocket I guess...if things are still terrible in 3 months then airlines are probably way down the line for handouts.
True and like anything it will be the mid size and small businesses that suffer as they won’t be able to weather the financial storm or invest it VR technology to replace travel.
