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by thiago_fm 2283 days ago
That's a joke. Big airlines are terrible businesses, Warren Buffet would never invest on them like this, unless he has gone insane. Also, those billions is from Berkshire, they won't invest the money of their shareholders into bad businesses, I don't see that happening.

Second thing is that you suppose that there will be forever lockdowns. We're only having it because the current health system isn't able to handle all the patients given this exponential spread. Once we finally manage to handle it well and enough people get infected and cured(yes, it is also important). We will move on... until we find a new kind of virus.

1 comments

Buffet's already done it for Delta beginning of March: https://www.foxbusiness.com/markets/buffett-coronavirus-batt...

I'm not assuming there will forever be lockdowns, quite the contrary, but for that there needs to be an effective system for responding to these kind of viruses so there doesn't have to be a full lockdown again. Basically you have to be able to quickly follow up on each case, and this will require things like determining where someone has been the past 10 days or so, and also regular controls (no more flying with any fever?)