[BA argues that Chapter 11 is used as another form of state aid and keeps the industry bloated at a time when it would benefit from a sharp reduction in airlines.] In the last four years, the U.S. airlines have soaked up $15 billion to $20 billion (€12 billion-€16 billion) of public subsidies and loan guarantees, ... They're operating in protected markets, they're hoovering up public funds and still they can't make a profit.
— Rod Eddington
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