#Airlines #Bailouts #ExecutiveCompensation #StockBuybacks
Did you know that airlines have been bailed out over 260 times since 2000, all while paying their executives handsomely and issuing stock buybacks? 🤔 It’s crazy to think about how much money goes into keeping these companies afloat, especially when the average person is struggling to make ends meet.
But what can we do about it? Here are some possible solutions to consider:
– Implement stricter regulations on how bailout money can be used, ensuring it goes towards supporting employees and everyday operations rather than lining the pockets of executives.
– Hold executives accountable for their actions and prioritize the needs of workers and customers over increasing profits.
– Support legislation that promotes transparency and fairness in corporate practices, making it harder for companies to take advantage of loopholes and prioritize shareholders over stakeholders.
Let’s start a conversation about how we can reform the airline industry for the better! 💪🛫 #ChangeIsPossible
Where did you find this statistic? Is this for all airlines in the world?
Privatize profits
Socialize losses…
Par for the course
This is infuriating. So unfair.
Socialism for big corporations while harsh capitalism for everyone else.
Socialise the losses, capitalise the profits. Trickle down is the biggest lie ever told. Wealth transfers up. ‘Our’ governments worldwide are willing to be accomplices in it.
See I fucked up during covid much like everyone else….should have bought airline stocks because they always get bailed out. Next time I will!
and Banks
and the Automotive industry
and free loan forgiveness for Covid
but fuck raising minimum wage and those lazy ass students who can’t pay back loans. fuck those guys.
Do you have a source for this? That’s ones every 11 months.
Basic financial advice: have an emergency fund for 6 months of expense, minimum.
The largest companies in the world during Covid: we don’t have money to run a single month more due to the fall in demand, bail us out maybe?