SLCUT2777 From United States of America, joined Dec 2005, 4211 posts, RR: 9
Reply 1, posted (9 years 6 months 2 weeks 5 days 11 hours ago) and read 3200 times:
Quoting ATLAaron (Thread starter): Interesting in that many have speculated Grinstein would like a merger based on his past experiences.
Grinstien was the Western CEO and essentially orchestrated the merger with Delta 2 decades ago. He had an earlier career as a business/corporate attorney in his hometown of Seattle specializing in the transportation sector. He also was CEO of Burlington Northern Railway when they merged with Santa Fe to become BN&SF Railroad.
What is in place now compared to 2 decades ago are Frequent Flier Alliances and codeshare arrangements, that make such mergers as Western/Delta not so needed now. That is how AS has survived as a stand alone carrier over the years, with all sorts of code-share deals with airlines in all three major alliances. The only merger that was needed was US/HP, where the later either had to do it or likely face a Chapter 7 liquidation.
OttoPylit From , joined Dec 1969, posts, RR:
Reply 8, posted (9 years 6 months 2 weeks 5 days 2 hours ago) and read 2904 times:
Quoting ATLAaron (Reply 4): Have you read "Airline Without a Pilot?" Certainly worth picking up and goes over the years of DL management failures.
Quoting Alitalia744 (Reply 6): Great book and worthwhile reading to anyone who loves or hates Delta Air Lines.
I agree, great book!! Who would have thought, a leadership book and focusing on the airlines to make it interesting and worthwhile? What I like is how the author is an Atlanta native, but has no ties to Delta, either as a consultant or other tie. That gives him an unbiased view. He talks of the history of the airline, how it came about, all the management through the company, and how it got to its current predicament.
According to the book, Allen began getting DL into the predicament its in now by paying too much for Pan Am's European assets and at the same time starting to drive off management with his ego. Bringing Leo in from outside the company(a first for DL) didn't help change things for the better. Never give a banker the keys to the coffer.
Fortunately, current management knows what needs to be done and has the airline pointed in the right direction and, in case anyone hasn't noticed, focuses more on C.E. Woolman's values to lead a company as compared to Wall Street's. We haven't seen that in a LONG time.
Alitalia744 From United States of America, joined Mar 2000, 4802 posts, RR: 46
Reply 10, posted (9 years 6 months 2 weeks 5 days 1 hour ago) and read 2871 times:
Quoting OttoPylit (Reply 8): Fortunately, current management knows what needs to be done and has the airline pointed in the right direction and, in case anyone hasn't noticed, focuses more on C.E. Woolman's values
Would that be "service and hospitality from the heart" you're speaking about Mr. otto?