I am ok with putting these airlines on life support until things get back to normal, but ONLY if airlines are required to get insurance or build a rainy day fund to handle similar future events. And only if shareholders and bondholders are not bailed out.
There are risks in this business and lenders and shareholders should have already taken that into account when they make their decisions. It's not the job of government to handle these risks.
We need to keep this industry going but also start to be more responsible about risk. And that will mean moderately higher ticket prices.