Norwegian Air Shuttle, rollicked by the coronavirus, is reportedly on the brink of collapse. That’s bad for the company’s employees, passengers, and shareholders. It also could be bad for the U.S. taxpayer.

When Norwegian Air Shuttle bought Boeing jets in 2015, the sale was financed by French banks and Goldman Sachs. But to grease the skids, the U.S. Export-Import Bank provided a $300 million loan guarantee. So if Norwegian goes under and can’t pay its debts, the U.S. government will cover some of Goldman’s losses.