Originally Posted by
YVRYEGYVR
AC will not fail, gov will not let it, customers are eager to get back travelling, maybe leisure more than business, but once the all clear comes + maybe some time, AC and other carriers will be profitable.
Even if you're correct that the government won't let AC fail, which is probably correct, that doesn't mean shareholders won't be wiped out or massively diluted. Remember that GM and Chrysler didn't fail, but their shareholders were wiped out.
(I'm not saying AC is going to zero, just want to make sure people keep it in mind that a bailout of the company doesn't necessarily mean a bailout of the shareholders)