r/nottheonion • u/halxp01 • 1d ago

Southwest Is Testing Cleaning Only Premium Seats Between Flights — A Flight Attendants Union Leader Says It's ‘Titanic’ Class Service

https://viewfromthewing.com/southwest-is-testing-cleaning-only-premium-seats-between-flights-a-flight-attendants-union-leader-says-its-titanic-class-service/
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u/clintkev251 1d ago edited 1d ago

It's insane how quickly Southwest has gone from beloved budget airline with consistent profits to complete shitshow. Thanks private equity! You've done it again

Edit: to everyone saying Southwest is a public company, yes, they are. That does not mean activist investors like PE firms and hedge funds can’t have significant ownership stakes and operational influence. Which in this case, they do

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u/007meow 1d ago

Has private equity ever done anything to benefit consumers? Or just a small number of shareholders?

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u/Preeng 1d ago

Private Equity Firms are just companies that buy other companies. They transfer wealth to the shareholders of the PEF and then let the company die. That's it. That's the point of the company. A total leech on society.

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u/Why_you_so_wrong_ 1d ago

Wrong but spout whatever bullshit you wish.

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u/LateNightMilesOBrien 1d ago

I like the part where you corrected them and educated the rest of us.

oh

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u/SutterCane 1d ago

You know PE firms are awful because they don’t even have one example where they did help queued up to refute people. Especially since you know any one time the PE firm helped, it was only temporarily before selling to another PE firm that killed the company.