Originally Posted by
jan99
What's wrong with bankruptcy? New owners (the creditors) and new management. The airline will carry on, with most of its employees, if there is enough business. Otherwise not or pared down. As it should go in capitalism.
The history of airlines closing down does not support your theory.
https://www.cnn.com/travel/article/f...nes/index.html
https://en.wikipedia.org/wiki/List_of_defunct_airlines