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UAL's Management  
User currently offlinePilotNTrng From United States of America, joined Dec 2003, 897 posts, RR: 4
Posted (8 years 2 months 3 weeks 2 days 12 hours ago) and read 5344 times:

If this has been discussed, I apologize. I just did something I rarely do, I caught a news broadcast from ABC news. I know how ignorant the media is when it comes to reporting on the airline industry, but I am inclined to believe them this time. They reported that UAL has emerged from bankruptcy and to celebrate they cut 30 percent of the workforce and 20 percent of aircraft from service. While doing this they announce a huge bonus program for management. The CEO alone received 15 million dollars in stock alone. Is is it just me or is this complete bull crap? How and the hell can they do this and have a guily free conscious? They are not the ones that make that airline run, its the flight crew and customer service agents that do it. This reaffirms my believe that all airlines are run by circus monkeys.



Brad


Booooo Lois, Yaaaa Beer!!!
93 replies: All unread, showing first 25:
 
User currently offlineStevenUhl777 From , joined Dec 1969, posts, RR:
Reply 1, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5324 times:

Quoting PilotNTrng (Thread starter):
This reaffirms my believe that all airlines are run by circus monkeys.

You're absolutely right.  Instead, we should let someone with your many years of proven successful airline management to run them instead.

Quoting PilotNTrng (Thread starter):
If this has been discussed, I apologize

Nope...this is a brand new topic to A-net: UAL management  

[Edited 2006-02-02 01:07:14]

User currently offlinePilotNTrng From United States of America, joined Dec 2003, 897 posts, RR: 4
Reply 2, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5292 times:

Steven,

Thanks for the sarcastic response.



Booooo Lois, Yaaaa Beer!!!
User currently offlineCTHEWORLD From Mayotte, joined Dec 2004, 478 posts, RR: 2
Reply 3, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5267 times:

The employees have success sharing, and anyone with a brain can figure out that stock options are success sharing as well. A few things to keep in mind, that the media can't seem to get right:

1) The stock options have a vesting schedule
2) They are stock options, not cash, if the stock does well, which is an executive's job to oversee, then they make lots of money when they sell their options after they have vested, if the stock does poorly, and idication of them doing their job poorly, then their stock, thus cash, suffers as well.

Think about all those stock options ESOP employees, and executives alike had going in to CH.11, worth pennies now, same can be true for these new options. The media like to play in to the "big corporate bully greed" crap, but typical for the media, they never get the full story or report it accurately.

C


User currently offlinePilotNTrng From United States of America, joined Dec 2003, 897 posts, RR: 4
Reply 4, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5238 times:

CTHEWORLD,


So you are saying that the 30 percent that were laid off still have success sharing? No, I didn't think so. Did they have success sharing during the 3 years if bankrupcy? If you think so, thats hilarious.I don't think it's right for a company to screw their employees and then turn around and give the big wigs bonuses. For those of you who read this and respond as the first two here have ( besides myself) Don't take this personal and if you are in UAL management you should take it personal. Look at yourself in the mirror and ask yourself was this the right thing to do?



Booooo Lois, Yaaaa Beer!!!
User currently offlineIncitatus From Brazil, joined Feb 2005, 3965 posts, RR: 13
Reply 5, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5238 times:

Quoting PilotNTrng (Thread starter):
This reaffirms my believe that all airlines are run by circus monkeys.

Part of United's problems was the large influence pilots had in the company, driving their top salary past 300k.


User currently offlinePilotNTrng From United States of America, joined Dec 2003, 897 posts, RR: 4
Reply 6, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5202 times:

Quoting Incitatus (Reply 5):

Ill agree with you that pilot salaries had grown out of control somewhat. Paycuts are better than having no job at all. That is the only thing I will agree with management on. On that ABC news program they had a 29 year veteran pilot that was forced to retire due to his age of 60. He had to find another job because he is only recieving 25 percent of his pension? Is that fair? of coarse not. Enjoy that 15 million in stock MR. CEO.



Booooo Lois, Yaaaa Beer!!!
User currently offlineFdex727 From , joined Dec 1969, posts, RR:
Reply 7, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5190 times:

The layoffs and paycuts all came during the Ch. 11 process of which I was able to participate in and give part of my pay back. We did remove some aircraft through this process as well, I believe the 767-200's were the only part of the fleet removed entirely. While it was a painful process and I have since left UA I do believe that UA will better be able to compete now for the short to mid-term. As far as long term goes that remains to be seen. The only thing that I wish had been done differently would have been not creating TED. I believe that it just weakens the overall product by confusing customers. Anyway, I do hope this answered part of your question.

User currently offlinePhilSquares From , joined Dec 1969, posts, RR:
Reply 8, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5161 times:

Quoting Incitatus (Reply 5):
Part of United's problems was the large influence pilots had in the company, driving their top salary past 300k

Ok, so let me get this straight, the pilots put a gun to management's head and made them accept the contract?

Incitatus, perhaps you could cite some evidence that was presented in the bankruptcy hearings to justify your position? Otherwise, it's probably better not to say anything!

UAL's problems started long before the pilots got their contract. Suggest you do a little research on that.


User currently offlineLuv2fly From United States of America, joined May 2003, 12090 posts, RR: 50
Reply 9, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5149 times:

Quoting PhilSquares (Reply 8):
UAL's problems started long before the pilots got their contract. Suggest you do a little research on that

Yes though by no means did it help matters. Please the pilots were no angels by any stretch of the imagination.



You can cut the irony with a knife
User currently offlineCO767FA From United States of America, joined Aug 2005, 532 posts, RR: 2
Reply 10, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5149 times:

Quoting CTHEWORLD (Reply 3):
The employees have success sharing, and anyone with a brain can figure out that stock options are success sharing as well.

Does that sharing reflect the risk taken by the respective employee? Which employee has greater influence on the stock? And why?

Quoting CTHEWORLD (Reply 3):
A few things to keep in mind, that the media can't seem to get right:

Right...the damn media...if they'd only keep to the really important stories....like Anna Nicoles Lawsuit and the Bush White House Counsel wanting in on the action?

Quoting Incitatus (Reply 5):
Part of United's problems was the large influence pilots had in the company, driving their top salary past 300k

Yes, partly due to their "sharing", right?

Quoting PilotNTrng (Reply 6):
Paycuts are better than having no job at all.

When do the "paycuts" become unacceptable to you (meaning those reading and posting here)?


User currently offlineHalls120 From , joined Dec 1969, posts, RR:
Reply 11, posted (8 years 2 months 3 weeks 2 days 11 hours ago) and read 5131 times:

Quoting PilotNTrng (Thread starter):
They reported that UAL has emerged from bankruptcy and to celebrate they cut 30 percent of the workforce and 20 percent of aircraft from service. While doing this they announce a huge bonus program for management. The CEO alone received 15 million dollars in stock alone. Is is it just me or is this complete bull crap?

Welcome to capitalism. You don't like it? Move somewhere where it isn't practiced.

There was no "celebration" in cutting the workforce. It was necessary to save the jobs of the employees who remain.

And why do you care about the aircraft removed from service? Do you think they got their feelings hurt?

Quoting PilotNTrng (Reply 2):
Steven,

Thanks for the sarcastic response.

Well, it's entirely deserved.

Quoting PilotNTrng (Reply 6):
On that ABC news program they had a 29 year veteran pilot that was forced to retire due to his age of 60

Don't all pilots have to retire at 60?

Quoting PilotNTrng (Reply 6):
Enjoy that 15 million in stock MR. CEO.

Executive salaries are paid according to what the market dictates. You want quality management, you have to pay the price.


User currently offlineMariner From New Zealand, joined Nov 2001, 24655 posts, RR: 86
Reply 12, posted (8 years 2 months 3 weeks 2 days 10 hours ago) and read 5104 times:
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Quoting Halls120 (Reply 11):
Welcome to capitalism.

What does Chapter 11 have to do with "capitalism"?

cheers

mariner



aeternum nauta
User currently offlinePhilSquares From , joined Dec 1969, posts, RR:
Reply 13, posted (8 years 2 months 3 weeks 2 days 10 hours ago) and read 5087 times:

Quoting Luv2fly (Reply 9):
Yes though by no means did it help matters. Please the pilots were no angels by any stretch of the imagination.

Ok, so you do realize that all the employees could have worked for nothing and the company would still lose money? Management has most, if not all the blame to shoulder. Look at their unrealistic growth projections, their unrealistic fleet plan, their unrealistic route system. Tell me how the pilots or for that fact any employee group has any blame in that?

This bull***t about labor being the issue is just stupid. When you have any industry pricing their product below cost that doesn't make sense.


User currently offlineHalls120 From , joined Dec 1969, posts, RR:
Reply 14, posted (8 years 2 months 3 weeks 2 days 10 hours ago) and read 5049 times:

Quoting Mariner (Reply 12):
Quoting Halls120 (Reply 11):
Welcome to capitalism.

What does Chapter 11 have to do with "capitalism"?

cheers

mariner

For better or worse, it's part of our version of capitalism.

I always marvel at people who bitch about the salaries of CEO's. At least the CEO is hopefully creating jobs. So Glenn Tilton is going to get 15 million? Sounds like a bargain, when you consider current salaries for sports and entertainment figures - who generally don't create a significant number of new jobs for the economy.


User currently offlineAa757first From United States of America, joined Aug 2003, 3345 posts, RR: 8
Reply 15, posted (8 years 2 months 3 weeks 2 days 10 hours ago) and read 5020 times:

Quoting PilotNTrng (Reply 4):
So you are saying that the 30 percent that were laid off still have success sharing?

So should you keep that 30% on and end up screwing 100% when the airline goes Chapter 7?

Quoting PilotNTrng (Reply 6):
On that ABC news program they had a 29 year veteran pilot that was forced to retire due to his age of 60.

This is absurd on UAL's behalf. Who the hell are they to run their airline in accordance to FAA policies?!?! Newsflash. All commerical pilots (121 at least, do 135 pilots follow the same rules?) retire at 60. Frontier, American, United, US Airways, jetBlue, Southwest they all have to retire at 60. Why? Because the FAA says so.

---

Now, UA management looks at figures they came up with and sees they need to cut down on employees. The decide they need 30% of the employees gone and 20% of the airlines parked. What would you like them to do? Keep the aircraft in the air on unprofitable routes where they are getting their asses kicked by WN and F9? Now they are back to losing money. If they keep their employees on, they end up like a government owned carrier. Or would you like them to do what needs to be done and start trying to get the airline profitable?

The management's responsibility is to the shareholders, not the employees.

AAndrew


User currently offlineCoronado990 From United States of America, joined Oct 2003, 1593 posts, RR: 2
Reply 16, posted (8 years 2 months 3 weeks 2 days 10 hours ago) and read 5020 times:

Quoting Halls120 (Reply 11):
Welcome to capitalism. You don't like it? Move somewhere where it isn't practiced.

No you move. God I hate those remarks.



Uncle SAN at your service!
User currently offlineSupa7E7 From , joined Dec 1969, posts, RR:
Reply 17, posted (8 years 2 months 3 weeks 2 days 10 hours ago) and read 4994 times:

Quoting PilotNTrng (Reply 6):
He had to find another job because he is only recieving 25 percent of his pension? Is that fair? of coarse not. Enjoy that 15 million in stock MR. CEO.

In all seriousness, that pension was a risky asset. Which is why pilots would not want their airline to go into bankruptcy. Life is risky. Life is not guaranteed.

Quoting PhilSquares (Reply 8):
Ok, so let me get this straight, the pilots put a gun to management's head and made them accept the contract?

Yes. DUH.

Fortunately, they paid a price for it. My only objection is that I as a taxpayer will pay a portion of the union's pensions, but they won't pay for my losses in my risky investments. Is that fair?


User currently offlineJetdeltamsy From United States of America, joined Nov 2000, 2986 posts, RR: 8
Reply 18, posted (8 years 2 months 3 weeks 2 days 10 hours ago) and read 4994 times:

Quoting PilotNTrng (Thread starter):
they cut 30 percent of the workforce and 20 percent of aircraft from service. While doing this they announce a huge bonus program for management.

United's management, essentially the same management that led them into bankruptcy in the first place, is an ultra-arrogant group of men and women that should be replaced.

For decades, United had an attitude of "we don't care because we don't have to" due to the fact the company was highly profitable. They have historically treated their customers, employees and even their competition with contempt.

This management team was particularly hard on Continental Airlines in the 80's and 90's. They even allowed their ramp employees in Denver to sport pin on buttons that said "Screw Continental". Much has been said about how American put it to Braniff in their final months in Dallas. United has been equally unethical and unprofessional in how they dealt with Continental.

NOTHING ON EARTH would make me jump for joy any higher than watching the "inferior" Continental absorb United and lay off every single manager in their organization.

United's management ranks are rotten to the core.



Tired of airline bankruptcies....EA/PA/TW and finally DL.
User currently offlineMariner From New Zealand, joined Nov 2001, 24655 posts, RR: 86
Reply 19, posted (8 years 2 months 3 weeks 2 days 10 hours ago) and read 4971 times:
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Quoting Halls120 (Reply 14):
For better or worse, it's part of our version of capitalism.

That may be, but I don't know what it has to do with the real thing.

"Capitalism" would deplore the destruction of the owners wealth - the shareholders, both common and, in the case of United, ESOP.

"Capitalism" would disapprove of corporate obligations being off-loaded onto government. At some point, that becomes simple socialism.

Quoting Halls120 (Reply 14):
I always marvel at people who bitch about the salaries of CEO's.

Um - sorry, I don't recall mentioning the CEO or his salary. I have enormous respect for Mr. Tilton and what he has done. I understand why the creditors wanted to give him a great deal more than $15 million.

It is the laws that enabled him to do it that I dislike.

cheers

mariner



aeternum nauta
User currently offlineIncitatus From Brazil, joined Feb 2005, 3965 posts, RR: 13
Reply 20, posted (8 years 2 months 3 weeks 2 days 10 hours ago) and read 4934 times:

Quoting PhilSquares (Reply 8):
Ok, so let me get this straight, the pilots put a gun to management's head and made them accept the contract?

Yes indeed. Airlines are very capital intensive. If you cripple the operation, the whole business goes belly up in weeks. What you wrote pretty much describes the action of the pilots in the case of United.

Now how many seats did the pilots have in the board? Three, right? So separating United management from the pilots is rather futile.

Quoting PhilSquares (Reply 8):
UAL's problems started long before the pilots got their contract. Suggest you do a little research on that.

No research needed because I also happen to agree with that statement. My original comment started with "Part of United's problem..." but you chose to ignore that.


User currently offlineJacobin777 From United States of America, joined Sep 2004, 14968 posts, RR: 60
Reply 21, posted (8 years 2 months 3 weeks 2 days 10 hours ago) and read 4925 times:

Quoting Mariner (Reply 12):
Quoting Halls120 (Reply 11):
Welcome to capitalism.

What does Chapter 11 have to do with "capitalism"?

cheers

mariner

it actually does to a certain extent......bankruptcy allows the debt holders (the "I.O.U." holders-secure creditors) to get some of their investment money back....shareholders, who are the non-secure creditors lose their investment...

chapter 11 or bankruptcy loseses its value when external forces such as the government (hence tax payer dollars) intervenes.....but if private institutions lose money..ie. such as banks, investment houses, etc. then there is no loss of tax-payer money, thus, the bankruptcy is still under a capitalistic system..

though each individual bankruptcy is a "zero-sum" game, the cumulative effect isn't.........hence, one can see the Goldman Sachs and Merril Lynch's of the world invest in UA because they know even if UA does completely liquidate, they will be able to 1) sell part of UA's assests which UA has pledged to them and to cover a part of their losses in the investment and 2). generate revenues from other sources...which will hopefully more than make up for in the UA loss..which would ....3)thus not require governmental intervention (ie.-tax)

now if a large amount of companies/corporations go bankrupt, then there will be a problem as the capital loss of all the secure/private holders will not be to be sustained, which would result in an extremely skewed situation (such as what happened with the S&L Savings debacle in the 1980's).....thats when the govt. would have to step in, otherwise there would be a national financial catastrophy...and that, the govt. cannot allow...


anway, I hope I made that a bit more clear......: Smile


by the way..hope you like my first F9 photo in the A.net database.. Smile


MyAviation.net photo:
Click here for bigger photo!
Photo © Jacobin777




"Up the Irons!"
User currently offlineSATX From United States of America, joined Apr 2005, 2840 posts, RR: 7
Reply 22, posted (8 years 2 months 3 weeks 2 days 9 hours ago) and read 4875 times:

Quoting Halls120 (Reply 11):
Welcome to capitalism. You don't like it? Move somewhere where it isn't practiced.

Welcome to Freedom of Speech. You don't like it? Maybe you should be the one moving.

Quoting Halls120 (Reply 11):

Don't all pilots have to retire at 60?

I think you missed the point of the original comment entirely.

Quoting Halls120 (Reply 11):
Executive salaries are paid according to what the market dictates.

When you say "market" don't you really mean "the CEO's buddies on the board"?

Quoting Halls120 (Reply 14):
I always marvel at people who bitch about the salaries of CEO's. At least the CEO is hopefully creating jobs.

I always marvel at people who bitch about the salaries of sports and entertainment figures.

Quoting Halls120 (Reply 14):
So Glenn Tilton is going to get 15 million? Sounds like a bargain

Not to me it doesn't. Greed seems to be an unknown concept over here in JesusLand.



Open Season on Consumer Protections is Just Around the Corner...
User currently offlinePhilSquares From , joined Dec 1969, posts, RR:
Reply 23, posted (8 years 2 months 3 weeks 2 days 9 hours ago) and read 4851 times:

Quoting Supa7E7 (Reply 17):
Fortunately, they paid a price for it. My only objection is that I as a taxpayer will pay a portion of the union's pensions, but they won't pay for my losses in my risky investments. Is that fair?

Perhaps you should check, but PBGC uses NO taxpayer's money! http://www.pbgc.gov/workers-retirees/about-pbgc/content/page13163.html
You'll see there are premiums paid by DB plans. It's part of the approval process used in setting up a DB plan. So you don't pay a cent. So DUH!

Quoting Incitatus (Reply 20):
No research needed because I also happen to agree with that statement. My original comment started with "Part of United's problem..." but you chose to ignore that

I didn't ignore it, I was merely trying to point out, it was a very minor part. The nails were already in UA's coffin long before the pilot's got their contract.

Quoting Incitatus (Reply 20):
What you wrote pretty much describes the action of the pilots in the case of United.

Perhaps you can enlighten me as to what you're referring? UAL management never got to a 30 day cooling off period!


User currently offlineFlightopsguy From United States of America, joined Jan 2005, 348 posts, RR: 0
Reply 24, posted (8 years 2 months 3 weeks 2 days 9 hours ago) and read 4838 times:

Quoting PilotNTrng (Thread starter):
This reaffirms my believe that all airlines are run by circus monkeys.

Then go work for a real company, Walmart.

Everyone who works there is so happy! The execs only make 10 cents an hour more than the guy who sweeps the floors.



A300-330 BAC111/146/J31/41 B99/1900 CV580 B707-777 DC8/9/10 L188/1011 FH227/28/100 SB340 DO228 EMB2/170 CR2-900 SH330-60
25 Mariner : I understand all the justifications for Chapter 11, but it still isn't capitalism - or Capitalism. Under capitalism, the secured debt holders would b
26 Mattnrsa : It's amazing how management accomplished something that so many said couldn't be accomplished, namely getting UA out of bankruptcy, and they are still
27 Aa757first : A question for you all, espeically for those who don't think that UAL management deserves this pay. If you could set UA's salary, how much would it be
28 Jacobin777 : I understand your point of view, but I guess we differ on this, as I feel this still falls under the "sphere of capitalism"..... yes...Chapter 11 hav
29 Stitch : What does worry me is many of these options - going to both management and employees - have very short vesting periods. The first set vests in like si
30 Hiflyer : It's Anet? It appears a lot of the negatives here are coming from those with ties or leanings to other carriers who are very rightly concerned that w
31 Post contains images SATX : 100%
32 Scalebuilder : And let's keep in mind that Mr. Tilton may get nothing at all here, and that is fair too. It was his choice to accept this job. He may have less guar
33 Post contains images ZKEYE : Simple - When the employees decide to leave for better paid jobs. Silly conspiracy theory nonsense. Do you really think this is how it works? What do
34 Post contains images Mariner : Yes, we do. I udnerstand that. My reference was to bring it back to aviation. But if you want to stay with that, catastrophe, potential or actual, is
35 Scalebuilder : You need to show us some numbers here. You agree with the statements above it seems, but to me this is simply just too general to have any opinion of
36 Post contains images Jacobin777 : hence me assertion regarding the fact the Govt. had to intervene.... lol....but I think the government did make the right decisions....just like the
37 Gigneil : No, that's not what happened. Those cuts took place over the last 3 years, its not like it happened today. You're wrong. They are the ones that make
38 Mariner : That's different. That's a value judgement. Capitalism would have allowed the catastrophe. Well, yes, I agree, but that's another value judgement. Th
39 Post contains links and images Jacobin777 : interesting observation and conclusion......I do agree with the hubris of UA...but getting money elsewhere was in itself a challange..and I still bel
40 Ctheworld : Uh...Tilton, Brace, Tague, Carey....they were all no where around UAL in teh 80's and 90's...CO's own management was much worse to them in the 80's t
41 CTHEWORLD : He isn't, which is what most of the idiots on these boards don't understand. He is going to get options, that could equate to $15mill, or it could eq
42 CTHEWORLD : Oh jeez.....keep your political drivel off these pages. I suggest a deletion of your post!
43 Post contains images Mariner : That was my starting point. cheers mariner
44 Halls120 : That was a bit harsh on my part, and I apologize. However, what UA did is no different than any other company that is faced with a business plan and
45 UAL777UK : Look, dont bring up issues with Continental...it was only a couple of years ago that the then CEO of Continental Gordon Bethune or was it Baboon stoo
46 Mcdu : WRONG. The pins in DEN said TORQUE with a symbol picture of a screw below the TORQUE. TORQUE= Try Our Real Quality United Experience. This was done i
47 Post contains images UAL777UK : Great post!
48 CO767FA : U have it WRONG....the buttons have the word TORQUE on the front of the button (T.O.R.Q.U.E.) and when you turn it over, the back has the tail of the
49 Mcdu : Would the fact that those employees had crossed picket lines? Did you really expect the airline world to welcome you with open arms? Anyone that cros
50 CO767FA : Wrong again Einstein....it was after the strike was officially over!
51 Tango-Bravo : What's the difference between Ted and United domestic mainline (with the exception of the PS transcons) -- aside from different aircraft liveries and
52 ORD : That reminds me of New York Air, which used to have agents standing in the terminal greeting customers coming out of the jetway of Eastern Shuttle fl
53 Uadc8contrail : PilotNTrng, great thread starter.....now if you could insert NWA over UAL and start a NWA thread as it appears that chainsaw steenland is bent on maki
54 CO767FA : Thanks for that bit of info....you learn something new everyday!
55 ChiGB1973 : I do question, who? Bethune? Kelleher? Neeleman? Arpey? Where is this plethora of successful airline executives? It is a business. This is why you ha
56 UAL777 : Just so you know, Glenn Tilton makes a FOURTH of what he made at his last job. It costs money to attract talent, and it costs money to make money.
57 727forever : How did they get such a large influence on the company? Could it have been promises that were made to them after pay cuts in the early to mid 90s? Co
58 CO767FA : That is his base salary....correct?
59 Smokescreen : The substance and appropriateness of the executive compensation/bonus package is in many ways a moot point - what seems more important to me is that m
60 Mcdu : Ending a strike does not remove the "SCAB" status. A scab is always a scab. There is no expiration date on crossing a picket line.
61 757225 : Capitalism....chapter 11 makes trustees and lawyers rich, and everyone else hangs out.....and takes what they are given. Airline Management answers to
62 CO767FA : Read it again....the strike was over and those who were hired after were still encountering the same degrading treatment.
63 Max Q : The greed shown by these 'managers' will never stop until there is a real reform in the airline business along the revolutionary lines of pay for perf
64 PilotNTrng : After glancing through some of the responses, it seems like most of you agree with sticking it to the little guy. I have to disagree. The little guy i
65 Jetdeltamsy : No I am not wrong. To be precise, the pins had a picture of Contiental's then red-tail logo with a screw superimposed over it. Never saw the TORQUE t
66 Jetdeltamsy : I'm not referring to those individuals. I'm talking about the couple thousand of managers who filled the ranks in the 80's and 90's and who are still
67 UAL777 : Actually my dad is a grizzly, old 777 captain and he has been recieving Success Sharing checks for about 2 years now.....hilarious huh? No. Its benef
68 Aa757first : In the early nineties, Continental was virtually dead. It was an airline that had been in trouble for many years and was on it's third trip to bankru
69 CO767FA : You need to finish the sentence....your structure might leave the reader with the lingering question: "Did they make the trip?" ANSWER: No....(Gordon
70 Supa7E7 : Why don't you go to Wall Street and tell them what to do? Enjoy it when they laugh in your face. They run the show. Yes, we could shut down Wall Stre
71 CO767FA : Right on....We all need to cheer and party for these folks! Let's all celebrate the widening gap between the Super Rich, The Rich, The make-believe R
72 Post contains images Supa7E7 : Real tycoons laugh at the airline industry. They would never touch it. Sarcasm good
73 Scalebuilder : Maybe the UA employees should have taken it upon themselves and just turned this airline around on their own? From reading the various posts it looks
74 CO767FA : You attributed the quote incorrectly. Please correct it! I can't stand being mis-quoted.
75 Scalebuilder : Please disregard CO767FA's quote in reply #74.
76 CO767FA : Thank you!
77 Sfomb67 : I'm sure AA, Dl, NW, etc would all like to see UA go away, likewise Shell & Chevron would like to see Mobil go away. I doubt that, he doesn't need th
78 CO767FA : Ok....again, this is not my quote....Please correct....
79 Tango-Bravo : For the record... Please see my reply #51. Nowhere does this line appear in this or any of my replies to any topic...
80 PilotNTrng : Actually my dad is a grizzly, old 777 captain and he has been recieving Success Sharing checks for about 2 years now.....hilarious huh? Actually yes
81 Uadc8contrail : Pilot, simmer down boy.........sucess sharing has been around for a while....if we make(some one correct me if im wrong)our goal on on time mainline
82 PilotNTrng : Uadc8contrail sorry to have blown a gasket, I thought that once you are in bankruptcy, if you make a profit that all profits went towards your debt.
83 Uadc8contrail : No problem......if you have read anything from the fellow a.nutters when ual was posting the numbers.....ual or any other airline in ch11 can/will no
84 UAL777UK : Thats absolutely correct, it was managements way of saying, you keep up the hard work and we will reward you..............its not a lot of money, but
85 ZKEYE : I agree - long live the tycoons. They do more for society than any bag handler (not that I have anything against bag handlers). They provide jobs, th
86 Baw716 : Wow, is this a hornets nest... Having made so many posts about UA management and having written my own plan which was made available to A.net, I belie
87 PhilSquares : Not to pick on the poster, but this is more of a general comment. The trick wasn't bringing UAL out of bankruptcy. The real trick is going to be keep
88 BAW716 : PhilSquares, Yes, this was meant to be a general comment. I will go back and read their filing with the court about their business plan and make a mor
89 UAL777 : Because UA's "Success Sharing" is not based on profitability. Its based on operational goals. You really need to research before posting.
90 AADC10 : Several of the executives, particularly Tilton are going to receive large bonuses as he and others were recruited or enticed to stay just before UAL f
91 Scalebuilder : Finally a post that makes a lot of sense. I don't think investment banks necessarily need to see the blood before they are willing to talk. However,
92 Gigneil : Barely paid, at that. He made much, much more in oil. N
93 Scotron11 : its not a lot of money, but every little helps! Do you work for Tesco? I have noticed that many comments about UA concern the fact that it does not l
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