3 ms·
It's not like some new owners coming in is going to find some magical humane business model that makes air travel actually good again. Airline behavior is a re
by shalmanese 6y ago
It's not like some new owners coming in is going to find some magical humane business model that makes air travel actually good again.
Airline behavior is a reflection of our revealed preferences and the reasons airlines are the way we are is because we all talk a good game about what we want flying to be but then become the ultimate capitalist bastards when we are asked to weigh our cash against our theoretically appealing goals.
All a restructuring would do is bring airlines even closer to our revealed preferences, think if Amazon ran the airline industry. That means goodbye pilots unions, hello to rigid and punishing performance metrics. Goodbye any free perks, everything becomes a nickel and dime horror show. Goodbye any semblance of a collegiate relationship between regulators and carriers, there will be an out and out attempt to regulatorily capture the regulators.