4 ms·

Underinvestment. Part due to a lack of demand the past 3 years, part due to a race to the bottom on pricing and quality that predates the pandemic.

• yellow_lead 4y ago
  We've heard a lot of stories about scheduling systems getting overwhelmed at airlines in the past few years. I wonder if any airlines are making a push to modernize them. Or is the business so low margin that they can't afford it?
  • danaris 4y ago
    "So low margin" that they spent years doing major stock buybacks...
    • mathattack 4y ago
      From the shareholders perspective that may be better than trying a modernization that they can’t pull off.
      • danaris 4y ago
        I think the shareholders' perspective has been vastly overprioritized in recent decades, and it needs to take a back seat to the company's long-term health perspective, customers' perspective, the workers' perspective, and the overall health of the society's perspective.
  • mathattack 4y ago
    It’s hard and costly to modernize. Look how many companies can’t pull off an ERP upgrade in a good market, let alone such a cyclical one.