TCAS From France, joined Sep 2006, 0 posts, RR: 0 Posted (12 years 10 months 3 weeks 3 days 5 hours ago) and read 1710 times:
This guy is my idol. He is CEO of Continental, brought it back from certain devastation from friggin Lorenzo. I really hate him. And, in the process he pilots his fleet's new aircraft and makes witty coments and has a sense of humor. Hats off to you Gordon!
Alpha 1 From , joined Dec 1969, posts, RR:
Reply 4, posted (12 years 10 months 3 weeks 3 days 4 hours ago) and read 1614 times:
IMissPiedmont, he didn't want to LEAVE his office-he was scared to death of the employees!! (Frankie, that is).
Funny, though. I met Frank 3 times. Twice at employee meetings in CLE, and once when working a CLE-DEN flight. He was flying to DEN, and I had just given him the last first class seat (this was probably in 88 or 89). Along comes an elite memeber, and the only seat left was 5B in coach-believe it or not, Frankie gave up his first class seat for the middle coach seat!! The Elite member knew who Frank was, and was just floored!! As was I!
And in the 2 employee meetings, he could be personally nice to you, but you knew, deep down, he was just in it for himself.
Sccutler From United States of America, joined Jan 2000, 5696 posts, RR: 27
Reply 7, posted (12 years 10 months 3 weeks 3 days 3 hours ago) and read 1550 times:
Revisionist history is all well and good, but if Frank Lorenzo's Texas Air had failed in its bid to acquire Continental, Continental would have failed almost immediately. And if Lorenzo/Texas Air/Jet Capital had realized the scope and depth of CO's troubles, he would never have bought and saved them.
He actually saved CO twice- once, when he bought it, and again when he had the foresight to file bankruptcy while the line still had acsh with which to resume its operations viably (a bankruptcy which was forced, BTW, by the IAM).
There is no doubt that he lost sight of the priorities after the EA aquisition (or, more realistically, when he opted to acquire EA), but there would not be any CO without Lorenzo.
And all the re-hired FL people would not have had their jobs.
And ditto the PE PEople.
Frank is no angel, but he's far from the devil he's accused of being. And (FWIW) when my wife worked in the executive offices at Smith, he was polite to the help... unlike some of the other people there.
...three miles from BRONS, clear for the ILS one five approach...