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
 
911 said:
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
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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.
 
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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.

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IrishEyes said:
Do TSA workers need to leave the US and come back as illegals to feed their families?
sorry my snark escaped
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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
 
I like the idea of receiving an equity stake in exchange for the cash the airline needs to survive. In the past, the government has given the airlines “free” money with zero return.
 
I think we would all agree that having our airlines here in the U.S. is a necessity or some may say they are a necessary evil.
Can’t live with them, can’t live without them. Seriously though, the airlines are a necessity to Americans. Just think what it would be like if everyone used the roads for travel. It would be horrific. Business people are dependent on planes to visit vendors, contractors or other companies. People with families that are on a short time vacation use the airlines to save time so they have more time with their families.

I enjoyed flying families with small children flying for the first time. We used to be able to bring them into the cockpit, but those days are over. I still enjoyed bringing them onto the flight deck while at the gate, so mom or dad could get a picture of them. Most of them enjoyed sitting in the Captain’s seat. At one time, the airline would give us tin wings to give to the little kids, but I believe that’s been done away with also.
 
I can’t see the gubmint running an airline well. It’s naive to think they can make it succeed without forcing others to subsidize the flights.

There is a reason the butcher provides the meat, the farmer the veggies, the vintner the wine, etc. for your Sunday pot roast dinner. It isn’t because they are warm hearted benevolent folks who desire your family to be happy that Sunday. (Though they very well might be wonderful people.) They provide them because it is in their best interest to do so. They profit from providing you with the makings of a good dinner so their family can also have a nice Sunday.
 
Brookswood said:
The gubmint has no business giving our tax dollars to specific companies while letting others fail. Let it fail. Perhaps somebody with a better way to run an airline will buy the planes.
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It should be noted that the gubmint blocked the merger of Spirit with Jet Blue on the grounds it would lessen competition. Now we have two money losing airlines that may cease operations. How does this help competition?
 
More corporate welfare requested! More examples where the market isn't dictating what happens, as some people suppose.

ps: The link in the first post is behind a paywall, so I wasn't able to read it.
 
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