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1) What good would it do to subject the execs and shareholders to vitriol? 2) Is this even a new thing? Did John D. Rockefeller ever have to endure an angry ti
by Invictus0 4y ago
1) What good would it do to subject the execs and shareholders to vitriol?
2) Is this even a new thing? Did John D. Rockefeller ever have to endure an angry tirade from someone pissed about the gas prices?
3) Have you seen Southwest's stock price? The workers are getting their pay no matter what. The shareholders have just lost $3 billion in value.
4) Are we just going to pretend that the airlines didn't nearly just collapse 2 years ago? SouthWest took on a peak of $11 billion in debt as of 2021 Q3, now down to $8 billion. Do you blame them for cutting customer support staff?
5) Southwest does have a variety of consumer friendly policies: https://www.nerdwallet.com/article/travel/reasons-southwest-is-still-a-top-airline https://www.nerdwallet.com/article/travel/reasons-southwest-...
I could go on
- EMM_386 4y agoSouthwest Airlines received over $7B in federal pandemic aid and used it as soon as they legally could to start paying dividends and doing stock buybacks. Not investing in IT or the fragile infrastructure that was recently on display.