Ackman: Airline bankruptcies will not stop planes from flying
Bill Ackman · #82 Bill Ackman: Getting Back Up · Apr 28, 2020 · at 1:10:50
Bill Ackman explains why airline bankruptcies during COVID-19 do not threaten aviation operations, as creditors and lessors assume ownership.
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“Airplanes are not going to stop flying because airlines go bankrupt. What will happen is, you know, the, Owners of the planes, the lessors of the planes, and or the bondholders will end up, you know, controlling airlines.”
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