Group of budget airlines seeks a 2 to 5 billion dollar relief plan

We have the big 3 airlines. Delta, United and American. Each airline at sometime gobbled up other smaller airlines.
If these low fare, no frills airlines go under, that would remove all competition and the big 3 would own the sky.
I think as it is now all of the airlines are “no frills.”

It would probably be best to keep them afloat. JMO
 
We have the big 3 airlines. Delta, United and American. Each airline at sometime gobbled up other smaller airlines.
If these low fare, no frills airlines go under, that would remove all competition and the big 3 would own the sky.
I think as it is now all of the airlines are “no frills.”

It would probably be best to keep them afloat. JMO
You pretty well hit the nail on the head. I remember back when United began charging for baggage and choice seats. Passengers were upset and then when the seat fees were charged, that really upset the majority of passengers. Prior to those fees being used, the airlines lost money most every year and needed bailed out by the government. I never felt it right that the taxpayers had to keep the airlines from going bankrupt.

I know there were times when Spirit Airlines would offer some ridiculous fees, like New York to Tampa $19, $29, $39. They spent all the money they collected for fares just by taxing out to the runway. That’s no way to run an airline, even on a short run.

I would agree that the government should do a bail out to keep these low cost airlines viable to help keep the competition alive and well.
Otherwise, the Big Three will control the prices. I thought there was a good chance that Jet Blue and Spirit were going to be allowed to merge, but the deal was shutdown.
 
I hate to see the taxpayers bailout any for profit corporation but the survival of the airlines have national security implications.

One of the few things that I agree with the current administration on is to have the American people take an ownership stake in exchange for the bailout.

We simply can’t go on doling out money without ever expecting something in return even if the chances of an eventual return are slim to none.

1777411597908.gif
 
Do TSA workers need to leave the US and come back as illegals to feed their families?
sorry my snark escaped

You hit the proverbial nail on the head. The hard working taxpayer always gets the royal screw. Big business, their lackeys and the illegals get the government funded brass ring every time they whine and cry. Shame.
 
I understand the argument for competition, but if the government bails out Spirit Airlines to the tune of $500million the government supposedly will own 90%. The current government can't even properly run the FAA.

The xxxxx administration is in advanced talks regarding a potential $500 million federal bailout for Spirit Airlines to prevent it from halting operations following bankruptcy filings and surging fuel costs. The proposed deal, which could be finalized soon, may involve the U.S. government taking a 90% equity stake in the airline, with support from some creditor groups.
FortuneFortune +3
 
Back
Top