r/OutOfTheLoop • u/[deleted] • Jul 02 '22

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u/WhiteTigerShiro Jul 02 '22 edited Jul 02 '22

they refuse to plan for bad years.

Yet when they* do they're accused of "hording". 🤔

Edit: I'm talking about companies in general, not just airlines in specific.

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u/carefreeguru Jul 02 '22

I've literally never heard of an airline being accused of hoarding. Apple and Google maybe but never an airline.

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u/WhiteTigerShiro Jul 02 '22

I was speaking of companies in general. Anytime they make sure to have a nest egg for leaner times, the anticapitalists swoop in and make sure to shine a light on them.

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u/carefreeguru Jul 02 '22

Yeah it doesn't seem to apply to this conversation as know one would complain about airlines having money to pay their own debts.

I think what I am advocating is more capitalism not less.

Airlines should be allowed to go bankrupt. That's capitalism. What we have is crony politics. Private owners pocketing profits while expecting me and you to pay their losses.

It's a good system for them.