Things this catastrophic are better left to governments for bailouts (which really is just insurance at a societal level) than for companies to save for. Having to save for events this unlikely is incredibly inefficient.
Pretty much. When an airline goes out of business, most of the physical aircraft will still be sold to someone unless they fall victim to lack of proper maintenance.
I'm not convinced the premiums paid (taxes paid by corporations) match the risk and payouts given, it's only been 12 years since the last hundreds of billion dollar bailout. But yes, capitalism alone does not work.
