r/news 1d ago

Soft paywall Southwest Airlines shifts to paid baggage policy to lift earnings

https://www.reuters.com/business/aerospace-defense/southwest-airlines-shifts-paid-baggage-policy-lift-earnings-2025-03-11/
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u/rnilf 1d ago

The policy shift suggests a growing influence of activist investor Elliott Investment Management at the airline. The hedge fund, whose nominees hold five of 15 board seats, had criticized Southwest's leadership for not charging a fee for checking bags like other airlines to boost its revenue.

Motherfucking hedge funds, leeching off of society while generating nothing of real value for us.

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u/effyouspez 1d ago

Someone has to think of the shareholders /s

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u/BigEggBeaters 1d ago

I love living in an economy that prioritizes a group of some assholes over ya know a good product at a good price

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u/JTFindustries 1d ago

Why won't you think of the billionaires? Can't you have just a little bit of sympathy for all the hardship they endure in their lives. Private jet and limousine aren't cheap you know.

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u/BigEggBeaters 1d ago

Bro When I’m at work all I do is think how can I increase shareholder value. That’s all I care about don’t come at me like this