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Forums » FCC Boss Leaks Approval of Sirius/XM Merger » How big will the kick back be to the GOP.
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Maggs
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reply to EPS
Re: How big will the kick back be to the GOP.

The airlines are responsible for WORLD commerce, if they go bankrupt our economy either slumps or collapses. That's why most governments heavily subsidize airlines. Buying a 747 costs $16 million, imagine buying 60 planes.
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No they aren't responsible for world commerce. Only a tiny fraction of commerce is flown. The vast majority is done by ship and rail, especially with current fuel prices.

The reason the airlines do so poorly is because they keep getting bailed out. Other businesses are allowed to fail and better managed companies (eg Southwest) grow to fill the void.

And US airlines get subsidies because they have a powerful lobby, just like farming corporations, not because they're so pivotal to commerce.
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