ac7e7
Posts: 655
Joined: Mon Oct 25, 2004 7:27 am

Robert Milton Leaving AC

Fri Nov 11, 2005 7:49 am

Heard on the radio (CJAD 800AM, Montreal) that Robert Milton may be leaving Air Canada. If I had more info, I would post it, but that is all I have...

I hope he doesn't leave, he has turned this airline around.
 
FLYACYYZ
Posts: 1820
Joined: Fri Jan 23, 2004 12:13 am

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 8:01 am

I know of at least one A-Netter who will be opening the Veuve Clicquot Grand Dame champagne to celebrate. Care to wager a guess who???  Smile Smile Smile

Personally...he's weathered more storms than any other CEO in the company's history, and should be commended. Others would have fled for the hills.
Above and Beyond
 
brilondon
Posts: 3010
Joined: Sun Aug 21, 2005 6:56 am

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 8:03 am

I heard that too, but I am just wondering how much he is in charge over at AC since that bankruptcy emergence. AC wanting Boeing instead of Airbus all of a sudden, would be where I first thought something might be up. I wonder if he is not being encouraged to leave by other forces then himself.
Rush for ever; Yankees all the way!!
 
Cessnapimp
Posts: 1245
Joined: Sun Oct 07, 2001 11:46 am

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 8:05 am

LOL @ FLYACYYZ!

If true, this is HUGE news, but not all that surprising. Robert Milton has stayed with a major longer than almost anyone besides Trippe and Kelleher. Hope if he drops the av scene that he logs on here to defend himself! Teehee!
 
FLYACYYZ
Posts: 1820
Joined: Fri Jan 23, 2004 12:13 am

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 8:06 am

Quoting Brilondon (Reply 2):
AC wanting Boeing instead of Airbus all of a sudden

Airbus aircraft have been on the scene well before Milton. He has never made any secret of his preference for Boeing wide-bodied jets.
Above and Beyond
 
milan320
Posts: 818
Joined: Mon Jan 03, 2005 2:25 pm

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 8:11 am

Quoting FLYACYYZ (Reply 4):
He has never made any secret of his preference for Boeing wide-bodied jets.

Exactly, just see his autobiography. At the time of the last wide-body order (before the current one), he said (and I'm paraphrasing here - don't have the book here in front of me) that he preferred the 777 but Boeing's sales team at the time was in disarray, and very inflexible on how much discounts they could give. He mentioned that they couldn't make any decisions without calling HQ first. Airbus got the order instead.
-Milan320
I accept bribes ... :-)
 
ac7e7
Posts: 655
Joined: Mon Oct 25, 2004 7:27 am

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 8:14 am

Quoting FLYACYYZ (Reply 1):
Care to wager a guess who???

Gee, let me guess... lol!

If he does leave the company, he will be picked up very quickly, maybe even by a company already in chap 11 in the US...
 
milan320
Posts: 818
Joined: Mon Jan 03, 2005 2:25 pm

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 8:19 am

Some sparse info (amongst other things) here:
http://www.cbc.ca/cp/business/051110/b1110104.html
-Milan320
I accept bribes ... :-)
 
Cessnapimp
Posts: 1245
Joined: Sun Oct 07, 2001 11:46 am

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 8:41 am

Yeah, he hinted that in his book as well. Good or bad (good IMO), he has done a lot since taking the helm in 1999 from a baptism by fire with the hostile takeover by Schartz, to the last quarter.

Milton repeated his call for government-mandated airports and the air navigation system Nav Canada to cut their fees. He said Toronto has become the most expensive airport in the world.

Here here! Totally agree. But there are better things to make a politician look good in front of his constituency than to touch that mess with the proverbial ten foot pole. Hence, things will stay as is.
 
srbmod
Posts: 15446
Joined: Tue Mar 20, 2001 1:32 pm

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 10:31 am

Let's start the speculation on where he'll end up......  stirthepot 

I'm going to say he's going to come to Delta. Grinstein was from the outset supposed to be nothing more than an interim/caretaker CEO. He wasn't expected to be DL's CEO for more than a few years. Milton has the experience in restructuring a large international/domestic airline out of bankruptcy, and loves Boeings.......
 
A332
Posts: 1421
Joined: Wed Feb 02, 2005 3:58 am

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 10:44 am

Good riddance... in my opinion.

People give Miltie too much credit... he drove AC into the ground with such proficiency and he's bloody lucky AC ended up with a second attempt at life.
Bad spellers of the world... UNTIE!
 
sunrisevalley
Posts: 4946
Joined: Tue Jul 06, 2004 3:26 am

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 11:52 am

Quoting A332 (Reply 10):
People give Miltie too much credit... he drove AC into the ground with such proficiency

I would prefer to have the view of Sebring on this one. I think it has been well documented that Milton did not have his hand on the throttle when some of the bad decisions were made. The responsibility for the takeover of CP is unclear. As I understand there is good reason to believe that the Federal Government had there hand in this in some way although when things started to go sour there were denials all around.
 
sebring
Posts: 1319
Joined: Sat Jul 24, 2004 12:08 am

RE: Robert Milton Leaving AC

Fri Nov 11, 2005 12:17 pm

Milton's book says it better than I can. I will always believe that AC was pushed. It just seemed to obvious to let CP die. But AC wanted the international route rights and I believe the feds let it be known that AC would not get the rights - or certainly not all of them, or the choice ones, whatever. It was a big game of chicken. Also, AC never expected the type of Draconian restrictions that the government put on the airline as part of the merger. Some of those restrictions were lifted by the feds after Sept 11, 2001, some expired, and some still exist.

Aside from that, it's now history, and part of Milton's legacy, along with CCAA and the resurrection of AC. If you tag him with the bad, you have to concede him credit, too. I never thought AC had a deep management team, so some of the good that did flow out of the events of 1999 were his doing. As to where he may go when he leaves (he could easily still be with AC next summer), I think he is a great manager to have when things are very good, or very bad. When they are very bad, he can swing an axe that he is reluctant to swing when things are just mildly bad. When things are going well, he's Mr. Growth, and pretty daring. I'm not really big believer that he will end up at a major carrier, but if he does, it could well be DL because, I suspect, his wife would like to live in the southeast.

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