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> Yes, I want better perks when the going gets rough Maybe you're not understanding what we're saying. There have been numerous comments remarking on flights t
by teachrdan 29d ago
> Yes, I want better perks when the going gets rough
Maybe you're not understanding what we're saying. There have been numerous comments remarking on flights that were delayed or canceled due to corporate decisions, which reduce to excess savings on (or insufficient investment in) maintenance and staffing. This has nothing to do with "better perks"!
Every dollar of profit is a dollar that could have been spent on maintenance and staffing, or god forbid, proactive investment in better systems and infrastructure. No one is saying that airlines should become non-profits. But I have a feeling three or four or five BILLION dollars in profits is too much.
- stephenhuey 28d agoI will be clear: I don't want to stand in line for 3 hours at Frankfurt with a MacBook Pro and a million other things in my backpack to be offered only a faraway hotel I don't want, no vouchers or cash, just take it or leave it, and no other compensation, and my luggage being lost for literally 11 weeks. My understanding is that a portion of net profits might go towards rewarding shareholders through buybacks (bolstering the stock price), but most of it is reinvested into the business, i.e. exactly what you are saying you wish they would do. A windfall enables them to purchase more aircraft and pay down debt accumulated in the years they do not make much in profit, of which there were many in recent history. Is it too much profit? I don't know, but they're spending over $7 billion in capital expenditures this year. I'm not sure what to say to you wanting them to have better tech. I wrote code for a major shipping company over 2 decades ago, and it's impressive to me that airlines mishandle bags at a far lower rate (under half a percent) than UPS and Fedex which usually are around 3-5%. I'm not a logistics expert. Will things get better with robots or something? Time will tell.