Should airlines be "bailed out" for volcano-related losses?

[sixmile]

Because their hands are out. Granted they are in the EU, but what happened to the 'free market'?

http://www.google.com/hostednews/ap/article/ALeqM5gL43HhlbWYzL55fDN3B46RsTAKAgD9F63N3O0
http://www.huffingtonpost.com/2010/04/19/airlines-seek-bailout-fro_n_542500.html
http://news.yahoo.com/s/ap/20100419/ap_on_bi_ge/eu_world_airlines_volcano

[sarge43]

1. Nope. Cost of doing business. n/t

[SoCalNative]

17. Exactly!

No reason to give them a dime.

[sarge43]

29. As more than a few people have said,

that's what insurance is for.

[Beetwasher]

2. They Should Sue The Volcano

n/t

[ixion]

3. No.

n/t

[FSogol]

4. What does Gov. "Bobby" Jindal think?

;-)

[Turbineguy]

They could buy insurance

like from AIG.:evilgrin:

[The Wielding Truth]

9. They should have insurance. It is an act of nature(god).

[treestar]

14. If there is earthquake insurance, there should be volcano insurance!

It would be pretty cheap, too, given the lack of likelihood of an event.

[The Wielding Truth]

30. Yep, well let's see how prepared this business is.If not let them get

money from the rich investors that we hear can make are economy soar.

[NJmaverick]

5. No, but they are free to sue the volcano for their losses

[sixmile]

8. Sue who?

Iceland? They're broke thanks to Goldman, AIG and Madoff!

[NJmaverick]

15. I was making a joke, I was referring ot the volcano rather than a nation

[ProdigalJunkMail]

6. well after bailing out car companies and banks

for shitty business plans/practice, i would think bailing them out for a natural disaster makes more sense...

sP

[Better Today]

7. Only if one condition is that all employees who are not putting in the hours

are compensated for their lost hours first.

[Donnachaidh]

10. nope - cost fo doing business.

as they say in Southern Russia - *Toughski Shitski, y'all*

[AnneD]

11. After....

cheating retirees out of their pensions via bankruptcy,
charging for luggage,
charging for carry on,
charging for restrooms,
charging for meals,
charging for headphones,
charging for blankets,
charging for pillows.....etc



I say they can kiss my ash!

[no_hypocrisy]

12. Nah, it's an Act of God. Let them settle it with their insurance carriers.

[howard112211]

13. No. They should have bought insurance against such events in anticipation of them.

[Brickbat]

16. No.

[harun]

18. They say the bigger valcano nearby (Katla) may also erupt and it

would be much bigger than this one (bigger in terms of ash because it is under more glacier):

http://en.wikipedia.org/wiki/Katla

[Journeyman]

19. I blew my top at a client once, haven't seen any work from them since. . .

maybe the State should recompense me for being such an "ash"?

[babylonsister]

21. Haha!

:spray:

[Jkid]

20. No.

They can either adapt or die. Their choice.

[av8rdave]

22. No, they shouldn't be bailed out

However, when they raise fares, I'm sure the screaming will be deafening.

Bear in mind that the major airlines haven't exactly been raking in the dollars the past few years.

Flame away...


Edited for spelling

[JuniperLea]

23. After I'm paid back for my loses incurred due to illegal activities...

In the stock and mortgage markets, then I'll consider the airlines.

I don't think there are any laws against volcanoes spewing their stuff... it's what they do.

[Dreamer Tatum]

24. Act of God. Good for goose, great for gander nt

[geardaddy]

25. Nope, they already got a bailout after 9/11. n/t

[ieoeja]

26. Should Bush have helped New Orleans businesses (and people) after Katrina?

[FailureToCommunicate]

27. Sure. As long as it came from (some of the) taxes that corporations finally had to pay...

[asjr]

28. After all, the volcano just had an upset stomach.

[Obamanaut]

31. no

[Cali_Democrat]

32. Yes

The airlines are too big to fail.

[Bluebear]

33. Do you know how the European economic system works? Is it our bidness?

[City Lights]

34. Nope. They should have saved for a volcanic day.

:nopity:

[Johonny]

35. Is it actually possible for the industry to exist without government

help? Airlines haven't really ever been that great a business and their profitability is generally limited if you want airlines that have vast coverage of any area.