Airlines could not receive government bailouts
By Hicbd
Sat Feb 18 2023 12:18 pm
"There are plenty of things American could have done with all that money. It could have stored up its cash reserves for a future crisis, knowing that airlines regularly cycle through booms and busts. It might have tried to decisively settle its continuing contract disputes with pilots, flight attendants and mechanics. It might have invested heavily in better service quality to try to repair its longstanding reputation as the worst of the major carriers. Instead, American blew most of its cash on a stock buyback spree."
URL:----------------------------------------------------------
Please login to comment
