> A new airline might form to take its place, which would probably be a little more prudent than the last one.

It's a pretty innocent view of the world.

Or the new company would just behave exactly like the old one because it is the best short term strategy for shareholders.

And anyway, in case of new crisis, their new high executive will sell their share right before (exactly like Jeff Bezos did https://www.theguardian.com/business/2020/mar/27/jeff-bezos-...) and look for a new job.

Any public company stopped to think long term a while ago. Prudent means less profitable.