GREATANSETT From Australia, joined Aug 2003, 509 posts, RR: 3 Posted (11 years 10 months 3 weeks 3 days 1 hour ago) and read 3391 times:
How is US Airways going at the moment? The last I heard they were close to the end, that was about 2-3 months ago. That was when everyone was talking about it. Any way, is David Seigle (don't hold me to the spelling) still CEO. If not who is? Didn't Seigle once work with the great Gordon B at CO?
N670UW From United States of America, joined Jul 2003, 1617 posts, RR: 7
Reply 3, posted (11 years 10 months 3 weeks 2 days 18 hours ago) and read 3274 times:
Many think Mr. Siegel was forced out by chairman David Bronner.
US Airways is currently seeking cost cuts from unions to attain a lower cost structure, in order to more readily compete with low-cost carriers. This includes wage and benefit concessions, changes in work rules, and increases in productivity. The company is also trying to increase aircraft utilization and restructure the hub network.
Whether these cost cuts will be successful, or will be attained, is yet to be seen.
John From United States of America, joined Sep 1999, 1374 posts, RR: 5
Reply 4, posted (11 years 10 months 3 weeks 2 days 17 hours ago) and read 3215 times:
Did anyone know that Mr. Siegel was payed in the vicinity of 5 million dollars upon leaving Crystal City?? That's right, folks! This is absolutely outrageous!! And they're asking us for MORE concessions at the expense of corporate greed? Something is very wrong with this picture...you just have to shake your head! The corporate mongers just keep getting richer and if this current corporate culture(mentality) continues, in the next 5 years, 'middle class' America will cease to exist!