Ord From United States of America, joined Jul 1999, 1370 posts, RR: 1 Posted (9 years 5 months 6 days 10 hours ago) and read 2238 times:
Four US Airways executives resigned yesterday. This can't be a good sign. They are:
Jennifer McGarey, VP - Deputy General Counsel & Corporate Secretary (going to MCI)
Jeffery McDougle, VP - Fleet (going to Laidlaw International)
Daniel McDonald, VP - Planning & Scheduling (going to DHL)
P. Douglas McKeen, VP - Labor Relations & Benefits (going into lablr consulting)
Note: It's strange that all their last names begin with "Mc"
InnocuousFox From United States of America, joined Dec 2003, 2805 posts, RR: 16 Reply 2, posted (9 years 5 months 6 days 10 hours ago) and read 2128 times:
"P. Douglas McKeen, VP - Labor Relations & Benefits (going into lablr consulting)"
In light of their recent labor strife, does anyone else find it amusing that dude is going into "labor consulting"?
Dave Mark - Intrinsic Algorithm - Reducing the world to mathematical equations!
InnocuousFox From United States of America, joined Dec 2003, 2805 posts, RR: 16 Reply 5, posted (9 years 5 months 6 days 10 hours ago) and read 2055 times:
"Maybe they're cashing in on severance packages before ch. 7"
Actually, I think those can be reclaimed under bankruptcy if it is soon enough beforehand. Keeps people from doing exactly that.
Dave Mark - Intrinsic Algorithm - Reducing the world to mathematical equations!
Flashmeister From United States of America, joined Apr 2000, 2864 posts, RR: 7 Reply 8, posted (9 years 5 months 6 days 7 hours ago) and read 1781 times:
LOL, not at all a good sign...
IMHO, the fat lady is warming up. It'll be the end of 2004 before she bursts out her highest note, though.
AA717driver From United States of America, joined Feb 2002, 1566 posts, RR: 14 Reply 10, posted (9 years 5 months 6 days 4 hours ago) and read 1598 times:
RSA has to get its money out before USAir defaults on the gov't backed loans. Anyone know when the first of the payments are due?TC
Ouboy79 From United States of America, joined Nov 2001, 4055 posts, RR: 23 Reply 11, posted (9 years 5 months 6 days 3 hours ago) and read 1523 times:
Oh where to start. Unfortunately no one here really knows what is going on.
US Airways previously had 3 VPs dedicated to labor relations...now it is down to 2. The other positions are all being consolidated to other VP positions. These moves are positive since Labor hated a few of them and US Airways was plagued with toooo many VPs for awhile. Fewer executives on payroll works for me. I would like to see another 10 VPs leave the company to get costs down, on the management side, even further.
This is a positive thing and one labor has been demanding for a long time.
Any opinion/comment posted is that of my own and not that of Southwest Airlines Co.
FrequentFlyKid From United States of America, joined Nov 2001, 1201 posts, RR: 1 Reply 12, posted (9 years 5 months 6 days 2 hours ago) and read 1458 times:
I'll be cashing in my Dividend Miles within the week. It's just too uncertain and this isn't a positive sign...
Ouboy79 From United States of America, joined Nov 2001, 4055 posts, RR: 23 Reply 13, posted (9 years 5 months 5 days 15 hours ago) and read 1300 times:
It's amazing how many people make rash, uneducated decisions. To each their own.
Hopefully we'll see a couple more VPs leaving...particularly Jerry Glass and the marketing guy.
Any opinion/comment posted is that of my own and not that of Southwest Airlines Co.
Contrails From United States of America, joined Oct 2000, 1820 posts, RR: 0 Reply 16, posted (9 years 5 months 5 days 10 hours ago) and read 1170 times:
I wish I could see something positive coming for US, but my outlook on them seems to get worse every day. This is not good.
Wn700driver From , joined Dec 1969, posts, RR: Reply 18, posted (9 years 5 months 5 days 2 hours ago) and read 1055 times:
Not a bad thing per se, but not a good sign either. US has been circling the drain for a while now, & within that reality, I do not see those positions being replaced, but I do see more resignations in the near term.
I'll take the minority postion and say that I do not believe they are doomed just yet (In fact, I think they have about the same odds of survival or demise as UAL), but when that many Veeps start packing it up at once, well, I think the term "Corporate Metastatysation*" is a good analogy.
Best of luck to all you hard workers at US.
*For those who don't know much about cancer, or if my spelling is way off, Metastatysation is the process of cancerous tumors spreading from one organ or system to another. . . . . .usually a sign that the writing is on the wall for the patient in question.
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