Private Equity Is Getting Into the Airplane Repair Business.

This will be fine. Everyone knows that cutting costs and corners to make a buck works, and airplane repair is a hugely expensive and time consuming process! There HAVE to be corners to cut! Why are you replacing that part? Just give it a spit shine and stick it back on, good as new! Does that thing move when it's not supposed to? Slap some duct tape on there, it'll be fine. Was it supposed to move and it doesn't? An overhaul is so expensive, just hit it with WD-40 and you're clear for takeoff! And hey, next time a plane crashes, get a couple of flatbeds out there ASAP and grab up all those free replacement parts scattered among the bodies!

Lmfao holy christ this is going to kill a LOT of people in the long run.

Private equity destroys everything it touches.

Private Equity Is Getting Into the Airplane Falling-Out-Of-The-Sky Business

Never flying again.

“Oh, no, that’s not us, that’s due to tariffs”

And here I am directly under the final approach path to our airport. It sounds like "blue ice" is soon to be the least of my air industry worries.

So here is a question:

Why are private equity firms legal?

These firms are a literal cancer on this world, they add no value, they come in, buy companies, bleed them dry for quick huge short term profit, and then leave the husk to die, which it inevitably always does. The literal only beneficiaries are a small group of very wealthy people.

Like cancer, if you see "private equity firm", it always means the inevitable death of the patient, be it in 5 or 10 years

Seriously, can we ban private equity firms already?

airplanes are getting out of the being-repaired business

Hey, what's the worst than can happen?

/s

Oh damn....