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If pilots being sick caused cancellations they would be on the hook paying for refunds and hotel rooms. If the reason is weather, they aren't. Their incentives
by kfprt 5y ago
If pilots being sick caused cancellations they would be on the hook paying for refunds and hotel rooms. If the reason is weather, they aren't. Their incentives here are somewhat obvious.
- ceejayoz 5y agoThere's a "don't get smacked by the SEC for materially false statements from the CEO affecting the share price" incentive at play here, too. (Not to mention the FAA publicly backs up the weather, staffing, and military exercise set of explanations.)
- kfprt 5y agoWhen was the last time the SEC actually went after a big corporation?
- ceejayoz 5y agoRecently? https://www.sec.gov/enforce/selected-division-enforcement-accomplishments-december-2016-december-2020 https://www.sec.gov/enforce/selected-division-enforcement-ac... Facebook, Tesla, Nissan, GE, Wells Fargo, Rio Tinto...