I don't disagree that bailouts propagate fiscally unsound decisions. By the same token, I don't want government - the most fiscally unsound and reckless entity of them all - to tell corporations how to run their business. We either accept the "too big to fail" concept, or not bail out anyone, ever.
Again, even if AA had done exactly as you'd wish them to do, they'd still be in dire straits just like every other business sector who didn't cause a virus, didn't cause governments to shut down the economy. This event has nothing to do with corporate malfeasance.