People keep saying that the airlines do not have the emergency savings that all of us are supposed to have because they bought back all of their stock. I do not mind the government buying their stock under a number of conditions, but I do not want taxpayers losing money this time.
Are there any airlines that do not need a bailout? I do not know, but I found several articles saying they don't deserve it. This is the first one without a paywall:
Don’t Give the Airlines What They Want
Edit! Isn't the Fed trying to print its way out of this mess?