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> That extra money they are making, is then used to invest in more planes No, they're spent on stock buybacks to enrich shareholders, instead of invested back
by naasking 4y ago
> That extra money they are making, is then used to invest in more planes
No, they're spent on stock buybacks to enrich shareholders, instead of invested back into their workforce or expanding capacity:
https://www.youtube.com/watch?v=udITRL9-t08 https://www.youtube.com/watch?v=udITRL9-t08
I don't know why people keep believing in this myth, this reinvestment only happens when there's sufficient competition and no coordination, which is not the world we live in.