Moderators: richierich, ua900, PanAm_DC10, hOMSaR
vhtje wrote:Isom is ex-US Air, right? Doesn't that mean he's the same leopard, just wearing a slightly different coat?
vhtje wrote:Isom is ex-US Air, right? Doesn't that mean he's the same leopard, just wearing a slightly different coat?
vhtje wrote:Isom is ex-US Air, right? Doesn't that mean he's the same leopard, just wearing a slightly different coat?
vhtje wrote:Isom is ex-US Air, right? Doesn't that mean he's the same leopard, just wearing a slightly different coat?
2eng2efficient wrote:The WSJ story on Parker noted his career was “bookended by crises,” i.e. he took the helm at HP 10 days before 9/11 and leaves AA during COVID-19. It was filled with turbulence, but this man had a hell of a career. I assume he kept his job at the top for so long partly because of his charisma and ability to connect interpersonally with the Board. I’m reminded of F. Ross Johnson of RJR Nabisco fame.
2eng2efficient wrote:The WSJ story on Parker noted his career was “bookended by crises,” i.e. he took the helm at HP 10 days before 9/11 and leaves AA during COVID-19. It was filled with turbulence, but this man had a hell of a career. I assume he kept his job at the top for so long partly because of his charisma and ability to connect interpersonally with the Board. I’m reminded of F. Ross Johnson of RJR Nabisco fame.
UpNAWAy wrote:Despite his critics he was one of the most important men in aviation of his time. He correctly was out in front of numerous issues (from Post 9-11 bailout work with Congress, to Consolidation) and in some ways revolutionized the industry with the dropping of the Saturday night stay requirement for fair bookings. And in any view going from CEO of a small airline to CEO of the largest in the world in 15 years is an amazing accomplishment.
bchandl wrote:I know this thread beneath me is about to turn into a roast by a bunch of forum posters who think they could pay all employees $10k/hr all the while doubling AA's bottom line, satisfy every customer, and run planes on green pixie dust which emits clean, green unicorn farts by the end of the week who will bash everything about Parker, but there's something to be said for leading a successful organization through all that economic hell.
UpNAWAy wrote:I wonder if he ever actually got a CEO paycheck? He famously stopped taking a salary after 9-11 and never has had one since.
UpNAWAy wrote:I wonder if he ever actually got a CEO paycheck? He famously stopped taking a salary after 9-11 and never has had one since.
Prost wrote:Did AA ever lead the majors in financial performance under Parker’s leadership?
NLINK wrote:Prost wrote:Did AA ever lead the majors in financial performance under Parker’s leadership?
American struggled keeping up financially with its peers under Parker. American also generally runs away from competition as they basically dismantled NYC pre COVID-19. Hopefully with the right CEO the financials improve and employee relations improve but the new CEO has horrible at NW for employee relations.
2eng2efficient wrote:I assume he kept his job at the top for so long partly because of his charisma and ability to connect interpersonally with the Board.
NLINK wrote:Prost wrote:Did AA ever lead the majors in financial performance under Parker’s leadership?
American struggled keeping up financially with its peers under Parker. American also generally runs away from competition as they basically dismantled NYC pre COVID-19. Hopefully with the right CEO the financials improve and employee relations improve but the new CEO has horrible at NW for employee relations.
ContinentalEWR wrote:NLINK wrote:Prost wrote:Did AA ever lead the majors in financial performance under Parker’s leadership?
American struggled keeping up financially with its peers under Parker. American also generally runs away from competition as they basically dismantled NYC pre COVID-19. Hopefully with the right CEO the financials improve and employee relations improve but the new CEO has horrible at NW for employee relations.
This is such a tiresome, misinformed argument that American's problems begin and end with NYC. It is also a myth that AA somehow once dominated NYC. It never did. AA in the 1980s and 1990s dominated the NY-Caribbean market. It also had, from 1991 onward and furthered through its partnership with BA, a strong slice of the JFK-LHR market. That's about it.
NYC is an important, even crucial market, but it is not paved with gold. DL invested billions in NYC from 1991 when it acquired Pan Am's TATL network from JFK, all the way through to the last few years and by its own admission, turned NYC profitable in 2013. UA inherited what is most likely the most profitable hub operation in the NY Area when it merged with CO and got EWR. UA controls a majority of EWR's market share, has limited competition there and is the only one of the US3 that does it all under a single roof. AA has struggled with NYC, that's true, and largely a function of cost dynamics, which pre-bankruptcy, were not competitive relative to DL and B6.
AA has indeed been outperformed financially by its peers, but the narrative around its debt is also misrepresented. AA had no choice but to order 300+ jets to renew what was, in 2011, an old, inefficient, unreliable fleet. That is the source of AA's debt. It will be the primary source of DL and UA's growing debt eventually.
wjcandee wrote:Parket's biggest mistake was keeping the AA name. Should have had the naming conventions reflect what was really happening in that merger. Calling the whole thing USAirways might have cut down on all the entitled comments and behavior from the AA side. Crandall-era AA was done. Built on AArogance and a smidgen of AAntittrust, as well as soaking business travelers through wacky fare discrimination, its time was up. Once AA took a competitor out of the market by swallowing TWA, suckering its people into thinking it would be a merger of valued cultures, AA drove everything TWA out of the combined entity. Too bad Parker didn't do the same to the dinosaur that his company swallowed.
bchandl's comments above are priceless, and correct.
travaz wrote:As someone who flies AA quite a bit (PHX is Home) I have no complaint with AA. What I would like to see from some of the posters on here is not how bad Parker is but what exactly is it you would do to make AA better. Having been in management positions in several companies including a multi national, a CEO's job is to focus on the balance sheet. That means controlling cost. Airlines are capital intensive and low margin. Free champagne for all is long gone. I think Parker has been rooted in financial challenges in his whole career. It is what he knows. Again I ask what would you do to change AA? Also a CEO has their hands tied because of the strength of the Unions. As an example the Federal Government mandates an action by your employee's (VAX) and the Union files lawsuits to not comply. The CEO is caught in the middle. If he doesn't placate the Unions the Airline shuts down and makes a lot of customers mad. If they don't comply with the mandate AA faces fines and sanctions from the feds. Again I would love to hear how you would change AA within the constraints of Stake Holders, Wall Street, Fed Regulators, Passengers, and finite amount of assets to deploy. It truly is a tight rope dance.
fanoftristars wrote:travaz wrote:3. Rally the employees. Does the average AA employee feel pride in their airline? While I have no doubt experienced incredible frontline employees on AA, if you look at customer satisfaction scores, they definitely trail DL and WN on an ongoing basis. I've encountered far more AA employees who just don't seem to care.
LAXintl wrote:Isom just seems so underwhelming to me, especially as the face of a global company. AA should have kept Kirby around and not let him end up at United.
As far as Parker, I don't share many of the negative views. I remember him well from America West days saving that company, merging with US and saving it and finally larger combination with AA. Sure he is older now and seems worn out, but he did not manage to hold key leadership positions for 35 years and put a stamp on the industry by happenstance.