Airlines are now asking for a giant bailout from the government due to the coronavirus pandemic shrinking air traffic. This oped describes how American Airlines did not put money aside for a rainy day. Despite earning billions of dollars (for example, $7.6 billion in 2015) in large part gathered from higher fares and checked bag charges allowed by the oligopolistic structure of the airline industry, It spent $15 billion dollars on stock buybacks, accumulated a debt of $30 billion (nearly 5 times the company’s current market value), and actually decreased its cash reserves.
Don’t feel sorry for the airlines Tim Wu New York Times March 16, 2020
Before providing them any assistance, we must demand that they change how they treat their customers and employees.
How working class life is killing Americans, in charts David Leonhardt and Stuart A. Thompson Washington Post March 4, 2020
Coronavirus outrage spurs China’s internet police to action Paul Mozur New York Times March 16, 2020
Online enforcers are dragging in hundreds for questioning as an assault on online speech continues. They are a sign of how Beijing has given censors a more punitive role.
Chinese tycoon who criticized Xi’s response to coronavirus has vanished Javier C. Hernández New York Times March 14, 2020
Ren Zhiqiang appears to be the latest government critic silenced by the Communist Party as it cracks down on dissent over the epidemic.
How Delhi’s police turned against Muslims Jeffrey Gettleman, Sameer Yasir, Suhasini Raj and Hari Kumar New York Times March 12, 2020
More evidence has emerged that the Indian police took part in violence against Muslims or stood aside during fighting in the capital last month