Looking at the DoT’s stats on financials of 24 US airlines, I dunno if this critique is rooted in reality. I think domestic airlines aren’t doing a great job for their investors, either. Can’t comment on executives.
Re:Tech Progress Is Slowing Down
by eyelidlessness on Saturday February 18, 2023 @08:06PM
(#34852977)
Being bad at capitalism doesn’t mean capitalism is not their MO. I don’t mean this argumentatively, just so that point is clear: I’d apply the same logic to the various banking and investment shenanigans which lead to the housing market crash in the aughts, despite the fact that those services to capital ultimately proved highly counterproductive in many cases.
That’s not to say it isn’t disappointing! Just that your marginally-the-same flight experience is that way because improvements in flight are designed to enhance the lives of executives and investors rather than passengers. If anything, they’ve made the flight experience worse for you and me as much as we'll bear, while improving flight objectively at the same time… because profits demand ever more growth.