Originally Posted by
arlflyer
It's not inappropriate to conflate elements of a company's corporate strategy. The consumer-facing aspects and the financial mechanisms to support them were developed in the same boardroom...
Not to mention, the profits were in large part driven by revenue generated from increasingly consumer-unfriendly practices allowed by consolidation and the swallowing up of competition.
Sara Nelson, head of AFA, today released a video saying that while the government should help airlines, the money should be used to ensure that employees are taken care of, and that not a penny should go to executive compensation, stock buybacks, dividends, etc. I wholeheartedly agree.
If Congress provisions any money for the airlines, it should come with some extremely tight strings and restrictions, and they should absolutely demand concessions w/r/t labor, consumer protections, executive compensation, and more. They can't act like they are
owed taxpayer money, and that they should be able to use it in the furtherance of their customer-unfriendly and frankly greedy corporate practices. We're not giving you money to enable further cash grabs.