Top 4 airlines burned $45 billion on share buybacks since 2012. If airlines run out of money, Chapter 11 bankruptcy works. Airlines proved it.
L-Shaped Recovery for Air Lines. Staking their future on a vaccine.
Never a dull moment in the land of consumer stimulus and heavy trucks.
While US Farmers Struggle to Find Empty Containers for Exports.
The curious effect of the election and now possibly the surge in virus infections.
They didn’t get bailed out by taxpayers. But in a radical experiment these days, investors got to eat the losses, as they should.
$43 billion incinerated on Share Buybacks since 2012 to manipulate up the share price would come in handy now. Shares -60% since June 2019.
Better produce a big-fat stimulus bill pronto and keep eviction bans and forbearance going, or else these companies will face economic reality.
What the TSA said in its PR stunt and what it forgot to say.
“You’re the Collateral.” Separating the assets (including you) from the liabilities (your miles), and pledging the assets.