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submitted 6 months ago* (last edited 6 months ago) by Wilshire@lemmy.world to c/news@lemmy.world
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[-] captainjaneway@lemmy.world 103 points 6 months ago

Just a reminder that during the pandemic these companies were given money to stay afloat and they immediately laid off the staff and have - apparently - neglected all meaningful maintenance.

[-] DarkThoughts@fedia.io 50 points 6 months ago

And flew empty jets around the world. Polluting shit for absolutely no reason. Those companies can all go bankrupt and burn in a fire for all I care. People have become way too dependent on them anyway.

[-] hannes3120@feddit.de 24 points 6 months ago* (last edited 6 months ago)

TBF the "flying empty trains around the world" were different companies that only bought the planes and had to adhere to stupid laws that would void their plane spots if they didn't take off.

That's like making Toyota responsible if a Toyota fanclub decides that you need to make 100k kilometers a year to stay in the club

Both are horrible but in this case it's not useful to throw both in the same basket

[-] Everythingispenguins@lemmy.world 18 points 6 months ago

Where you comment may reflect the airline industry as a whole it does not reflect Delta.

Delta was offered but didn't accept any CARES Act funding, additionally they chose to do voluntary furloughs and a buy out instead of laying off employees. Yes this did cause them to lose some senior talent, but it was not forced.

Source: I know people who worked for Delta during the pandemic. Most took a month or two off and then returned to work on 4 day a week scheduled for 2020. A few took the buy out, which gave them good lifetime benefits.

https://www.ajc.com/news/business/delta-to-turn-down-cares-act-loan-take-on-debt-backed-by-skymiles/EYCBFZOS4ZENXMYLROL3OM7AIY/

[-] gregorum@lemm.ee 12 points 6 months ago

Don’t forget the stock buybacks

[-] fahfahfahfah@lemmy.billiam.net 9 points 6 months ago

Airlines were actually banned from stock buybacks during the pandemic as a condition of the federal aid.

[-] gregorum@lemm.ee 5 points 6 months ago* (last edited 6 months ago)

No shit. Impressive that someone thought of that.

Really, who, specifically, do we have to that for that?

this post was submitted on 26 Apr 2024
179 points (97.4% liked)

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