Private Equity Is Getting Into the Airplane Repair Business
Private Equity Is Getting Into the Airplane Repair Business
well, in 10 years that might get fucked. i don't think article claims something completely outrageous behavior, just outsourcing and possible relaxation of rules due to lobbying (but seemingly not yet)
horrifying
I suppose I'll add this to the list of reasons I prefer to drive, even if I'm driving a couple states over.
I wish I could train instead but this is amerikkka
Private equity should be illegal.
Surely private equity never caused terrible accidents in the airline industry before!
https://www.spokesman.com/stories/1996/may/20/oxygen-tanks-likely-cause-of-fire-valujet-carried/
It's cool too because you can just open a shell company, kill people, and then go out of business before you have to pay restitution!
So basically drive your ass down to Mexico first if you want to fly, since their shit will still work.
i think it's international phenomenon, so mexican planes also probably go to salvador
That's actually going on even in this country. The outsourcing trend started when the airlines contracted out their maintenance to anti-union states like OK (Tulsa is a big hub for this). Pretty soon, labor-intensive maintenance had left the US entirely for places like El Salvador and China. I'm pretty sure that Delta does most of their "D checks" (where the plane is pretty much disassembled) in El Salvador.
https://en.wikipedia.org/wiki/Aircraft_maintenance_checks#Offshore_Maintenance_Facilities
Nice. These assholes fly private so they wont face any issue due to QC. The rest of normal human beings would. But they are okay with that because they have delivered value to the investors.
I’ve been debating going to a&P Mechanic School in September because I thought it could be a 30 year career.
God damn are all those gone?
it says they are slowly migrating, not gone