Recap: Hong Kong/Singapore Lift Transit Bans, Lufthansa Rescue Deal & More

 

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debit
debit (@guest_987379)
May 27, 2020 10:27

The german govt got a 20% stake in Lufthansa. Did the US govt. Take a stake in all the airlines it bailed out?

Interestingly the germans dont try that hard to pretend they are capitalists but behave like one when the time comes, unlike the posers in the USA.

atexit8
atexit8 (@guest_987407)
May 27, 2020 11:35

socialism for big business is the American way

Russ
Russ (@guest_987409)
May 27, 2020 11:39

Of course some people look at that as govt trying to take over the airlines. But I suppose they could wrangle something with preferred stock so it wasn’t. In the US airlines have to repay 30% of the money they got, which seems pretty low unless you’re the airline. Always two sides to the coin.