Well, the ATSB guaranteed loans to AW to the tune of $429 million and USAir was guaranteed $900 million, according to the website. No word on repayment or "forgiveness" and, thus putting the taxpayer on the hook. Suffice to say, every airline, save AA, has been "bailed out" in one form or another. "Bail" is ATSB loans, Chap 11 filings that never end, foreign route awards that clearly favored one airline over another-think Pan Am getting NO route authority from new US cities. Nobody in the industry can claim to be glory as free market heroes. Oops, sorry, SWA.
GF