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No, a bailout would be that they get a big payday to continue as normal. Nationalization would mean the government takes control and it becomes part of the government.
Airlines were a bailout. Amtrak was nationalized.
It’s a bailout for life. It’s use bailing out every year for the rest of time. It’s still a bailout but it’s not a one time thing.
It can function a bit like a bail out if the investors know they’ll get a better than market rate when it’s nationalised, but yeah they still shouldn’t be conflated without reason.