> Rather than requesting bailouts and rule changes, imo they should be selling that stock to raise capital.
Sell stock to raise capital after airline stocks have dropped 70%? Usually you want to raise capital when stocks rise ( like tesla did ).
Also, if airlines start increasing float during a market selloff, it would put even greater downward pressure on their stock price and it would make their financial data ( EPS, etc ) look that much worse.
Your idea is one of the worse things airlines could do, but given their awful track record, they might do it.
Sell stock to raise capital after airline stocks have dropped 70%? Usually you want to raise capital when stocks rise ( like tesla did ).
Also, if airlines start increasing float during a market selloff, it would put even greater downward pressure on their stock price and it would make their financial data ( EPS, etc ) look that much worse.
Your idea is one of the worse things airlines could do, but given their awful track record, they might do it.