Report: Entire $50 Billion Airline Aid Package Already Blown On Share Repurchases — The Stonk Market

Chicago – The $50 billion dollar bailout package the airline industry received has already been blown. Reports indicate airline companies, including Boeing, have blown the bailout money on share repurchases. “Our stocks are trading at historical lows,” Investor Relations chump for the airline industry stated. “We decided the best use of the bailout money was to blow it on additional repurchases.”  The airline industry took heat this year, given the fact that since 2008 the five largest airline companies spent over $90 billion on repurchases and $34 billion on dividends […]

via Report: Entire $50 Billion Airline Aid Package Already Blown On Share Repurchases — The Stonk Market

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