Originally Posted by
Astir 511
People are forgetting that the Airlines are owned primarily by investment funds, using our money from Pensions. People demanding that all the troubled Airlines be allowed to fail are impacting their own pension funds. Although -30% down, they will rebound in time, if you let the airlines fail, then all investment returns are lost. Everyone loses....Investors, Pension Fund Holder, Employees, Suppliers, Suppliers Employees.....and so on. I doubt those calling for the axe to fall would not be so gung-ho if it were there jobs at risk.
You can make that argument for any major listed company. If nothing was allowed to fail then the Government would run out of money pretty soon. If Virgin goes out of business then when the upturn arrives some other airline will fill that void - just as they did when Lakers went bust or Dan-air.