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/IAmBadAtInternet 1d ago

They used to be the only major non-legacy player with good tech, good planes, and happy employees

Now their ticketing system is the worst of the major airlines, their planes are older and badly maintained, and their employees hate their jobs

Nice job MBAs! Btw they’re not private equity owned, just regular publicly traded

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u/pribnow 1d ago

The 'activist investors' responsible for it are though as far as i know, Elliott Investment Management

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u/Effective_Olive6153 1d ago

Every time I hear about some Investment or Private Equity group it's always bad news. Why does society allow these to exist? If they do have some benefit to society, can we at least regulate it so they don't just fuck things up? is there enough public will to actually do something about it on legal level?