What exactly has Branson done to warrant inclusion on the list? VS was close to bankruptcy twice - once saved by Branson's selling his music interests and the other time saved when SQ brought their 49% stake. Yet VS is still a small airline with less than 40 aircraft and very vulnerable if BII is scrapped. Branson is not known for his generosity, VS staff are poorly paid when compared with their counterparts, so that Branson can swell his family's coffers.
As regards Virgin Blue, this feasted on the corpse of Ansett and its success is attributable to Branson's non-interferrence. The present board has gone on record and said that he never turns up at any board meeting, yet he happily criticises the way the airline is run from his London home.
There are countless other UK airline CEOs who have done far more in a year for civil aviation than Branson over 21 years - e.g. Sir Freddie Laker the real pioneer of low-cost, low-frills airlines and inventor of ad-hoc charters that brought flying to the masses; Lord King of Warnaby who turned BA from a loss-making state-subsidised goliath to one of the most profitable and respected airlines in the world; Sir Adam Thomson who constantly battled for the right of UK independent airlines to be allowed to compete against state-owned enterprises; Stelios who founded U2; Rod Eddington who nursed BA through post 9/11, SARS, competition against LCCs on their home turf and petro-dollar funded middle eastern airlines and subsidised US carriers internationally; Michael O'Leary who transformed FR from a small Irish loss-making airline into Europe's largest LCC; even the CEOs of Monarch, Thomas Cook, First Choice etc deserve more respect and recognition than Branson does.
MOL on SRB's latest attack at BA: "It's like a little Chihuahua barking at a dying Labrador. Nobody cares."
Bridogger6 From United States of America, joined Apr 2005, 717 posts, RR: 10
Reply 6, posted (8 years 7 months 2 weeks 3 days 18 hours ago) and read 5656 times:
How is Doug the worst CEO ever? Whether or not the DL merger goes through, he's instigated a change in the airline industry. One thing is for sure, nothing will remain status quo now. Consolidation in the airline industry is necessary for airlines to gain back their pricing power. Whether or not you think DL and US are a good match is irrelevant. Doug has the guts to make the first move, in what are sure to be several more moves by other airlines in the coming months. For that, I think Doug Parker should rank up with the best of airline CEOs.
Where have you been for the past three days?? He's looking to purchase Delta and make a company with 75,000 employees while Delta currently employs 65,000 employees. That means huge layoffs! My mother might lose her job with Delta.
The proper term is "on final" not "on finals" bud...
WesternA318 From United States of America, joined Oct 2004, 5745 posts, RR: 23
Reply 10, posted (8 years 7 months 2 weeks 2 days 7 hours ago) and read 5597 times:
Quoting BCAL (Reply 5): Sir Freddie Laker the real pioneer of low-cost, low-frills airlines and inventor of ad-hoc charters that brought flying to the masses; Lord King of Warnaby who turned BA from a loss-making state-subsidised goliath to one of the most profitable and respected airlines in the world; Sir Adam Thomson who constantly battled for the right of UK independent airlines to be allowed to compete against state-owned enterprises
My bad, I KNEW I forgot a few! Although, I refuse to recognize the importance of LCC's now.
Quoting Evan767 (Reply 8): He's looking to purchase Delta and make a company with 75,000 employees while Delta currently employs 65,000 employees.
Nothing wrong with that, welcome to a free market. If someone can pony up enough cash to buyout the 2nd most worthless airline in the US, then Im all for it, but then again, with 4200 shares of US stock in pocket, theprice is only going up for US.
Usair320 From United States of America, joined Nov 2003, 991 posts, RR: 2
Reply 13, posted (8 years 7 months 2 weeks 1 day 17 hours ago) and read 5575 times:
Doug Parker!!!! The good employees of DL do not deserve to lose there jobs. They were great through the Ch. 11 and always managed a smile. That guy needs to take a few nothches off his belt.
Otherwise Frank Lorenzo of the old CO was an A$$ as well.