Dave's Message

[hammerhead]

Yes I have noticed that his investment hasn't turned a profit...
Bronner jumped...

Bronner and his beloved RSA is ...

Let's not discount his ...

Bronner's risk taking would ...

My hopes are for UAIR to ...
Bronner has also proven hmself to be a major detriment to UAIR's ability to make money as well. Three times in his torrid tenure here , he's gone to the press talking liquidation or now selling assets , every negative statement from him has scared away advanced bookings , further investment potential and last but not least it has shaken the confidence of those of us whom make this circus work.

I strongly suggest you let these facts burn in deep ...

Yes I have noticed that his investment hasn't turned a profit...Cuz WE as an airline haven't turned a true one since he arrived. Amazing how the two go hand and hand , Isn't it?

you were losing money long before he arrived. after siegel you are losing much less.

Bronner jumped into the fray to try to offset the haircut he and his beloved RSA was getting over the lease returns on our former Fokker 100's. The man according to what I've been reading is also concerned that UAIR is taking more of his time than he had calculated as well. Imagine that?...being a Non-Executive CEO of a failing airline takes time and attention to detail to reverse. Who woulda thunk it?

would you rather he take less time on his investments?

Bronner and his beloved RSA is not doing jack for us. The added 40 Million he provided over the TPG's offer for U has likely cost us far more in very short order. His personal lack of knowledge and background in this industry is a tell tale sign that things are not going to get better anytime soon. The TPG at least had a history over reversing negative airline profits...but a few bucks more upfront trumped that fact. I do believe our last quarterly loss was in the $90 million range...and fridays release is believed to tell a tale of woe in the nieghborhood of $125 Million , based on educated guesses. Those kind of figures based on two quarters alone make his added 40 million look pretty paultry in the rear view mirror , Huh? :down:

USair is currently still in business because of Bronner or someone like him/her.[COLOR=blue]

Let's not discount his open support of a collection of baffoons whom still haven't presented any plan to combat the LCC's without OUR further contributions....what did the previous $1.2 Billion do , other than buy time for the remaining 28,000 out of 45,000 people we once had???

1.It's working at America West. 2.would you prefer a government backed social job creating plan? it's a free market, right?

Bronner's risk taking would bother me no more than my risk taking on certain investments I've made would bother him....however his risk taking and supportive actions regarding Seigel and crew puts me in personal risk...along with the other 28,000 employee/investors here.

redundant

My hopes are for UAIR to actually turn enough of a profit to allow us the ability to rid ourselves of Bronner at some point....and hopefully Seigel too. We are in dire need of someone with real airline knowledge and actual people skills. Dave is going to have to really sell himself to obtain what he thinks he needs...and after the last round , coupled to the dis-honest actions they've pulled in the aftermath of recieving our previous $1.2 Billion worth of trust....that's going to be one hell of a sell job to perform.

siegal "understudied" at Continental what make you think he has no airline experience?

Bronner has also proven hmself to be a major detriment to UAIR's ability to make money as well. Three times in his torrid tenure here , he's gone to the press talking liquidation or now selling assets , every negative statement from him has scared away advanced bookings , further investment potential and last but not least it has shaken the confidence of those of us whom make this circus work.

of course, this has to happen if USair defaults on it government loan. would you rather he lied?

I strongly suggest you let these facts burn in deep , before you POP off to us about poor Doc Bronners troubles in Ala-Bubba Bank world. He has stated that U's failure will not be the end of him or the RSA...and with an attitude like that , it shows his motivations for being party to this corporation is as limited as his actual working knowledge of it to begin with. Let the Doc run his money risks...and let someone else run the airline up the scale , instead of down the tubes for a change.

too much coffee...

 

[willyloman]

RJ's. We don't need no stinken RJ's!

 

[AOG-N-IT]

Hammerhead,

The only thing you were correct about was your choice of a"Screen Name" Beyond that...you are just being a robotic follower...that lacks intelligence , artificial or otherwise !!

The another thing I need to awaken you to is this. My comments about a lack of airline expierience was a direct shot at Bronner...not Seigel whom you are so quick to defend. Bronner and the RSA were a poor second choice for DIP funding...that extra $40 Million he spotted us....as likelycost us many hundreds of millions , not to mention real working insights that the TPG could have provided us.

Seigel's problems are beyond his levels of expierience....he's lost something far greater...It's called trust and credibility , issues that will hamper his goals when votes are asked for again. Maybe the result will be what forces Bronner to act upon his employement here. Just like they phrase they love to use.."We will be voting with our wallets as well....or whats left of them?

I love the comment about too much coffee....I can say the same about you and your indulgences with the Kool Aid as well !! :down:

 

[usfliboi]

FACTS? You didnt name one fact in your " journal"! Name one airline that has made a profilt other than lccs and airlines who have had asset sales? Please lets talk facts not emotions....

 

[USA320Pilot]

US Airways ALPA and its Advisors believe RSA is a much better equity investor partner than TPG would have been.

Respectfully,

USA320Pilot

 

[AOG-N-IT]

FACTS? You didnt name one fact in your " journal"! Name one airline that has mad a profilt other than lccs and airlines who have had asset sales? Please lets talk facts not emotions....

Fact....nobody else is on a so-called death watch like UAIR is.

UA may have a tough row to hoe...but they'll be around , with or without it's codeshare partner UAIR

DL might have some issues regarding thier pilots compensation...but that became academic when the bar was lowered almost everywhere...starting with U :blink:

AA....not out of the woods or immune to the issues that face all the majors..yet it's not running around willy nilly talking about selling assets or liquidating...I believe they are on the short list of suitors for our shuttle....so that wold be an asset will can ill afford to part with. :down:

NW....more of the same is required on cost cutting...yet they are every bit as draconian when it comes to clobbering people (Employee's)...they still have a nitch that the LCC's can't touch too

CO...now that's a group that will be OK...and I believe they posted a profit too !! Amazing what a leader with vision can do for a company , Isn't it?

 

[AOG-N-IT]

US Airways ALPA and its Advisors believe RSA is a much better equity investor partner than TPG would have been.

Respectfully,

USA320Pilot

..and this is the same people that didn't see the jack hammering of the century coming too. Remember what use to be your pension? :blink:

..and how can the RSA be better when all it brings to the table is money? The money has gone just a quick as it came , yet we are not being directed better or gaining any degree of media magic that the TPG could have provided us. Yes I was at Dave's CLT Road show....where he himself spelled out the glowing benefits of the TPG being our DIP provider

 

[EyeInTheSky]

US Airways ALPA and its Advisors believe RSA is a much better equity investor partner than TPG would have been.

Respectfully,

USA320Pilot

USA320Pilot these are the same advisors that said the company had no DIP financing as of August 2002? A real crackerjack bunch they are....?

 

[ClueByFour]

US Airways ALPA and its Advisors believe RSA is a much better equity investor partner than TPG would have been.

Are these the same bright folks that predicted UA's numbers for the past few quarters?

All TPG has ever done is turn around two airlines. I've played a few courses on the trail in 'Bama, but I can't see how stocking the bar at the clubhouse and mowing the lawn has a whole helluva lot to do with running an airline.

 

[hammerhead]

Facts change. I believe the two biggest and very crucial facts are:

1. Mid Atlantic is way behind schedule.
2. Southwest moving into PHL.

The original restructuring plan didn't account for either of these. Even jetBlue followed USair and Siegels plan to buy the new EMB-170. This was tremendous foresight on Siegels part. America West competes somewhat succesfully with Southwest in Pheonix and they did it by reducing cost. Siegel also knew this and it should work in PHL. (well rolling hubs and such too) Siegel also played an instrumental part in turning around CO with the massive deployment of EMB-135/145 at COEX. 2 quarters ago CO made enough profit to pay 130 million to the pilots pention.

 

[usfliboi]

Fact....nobody else is on a so-called death watch like UAIR is.

UA may have a tough row to hoe...but they'll be around , with or without it's codeshare partner UAIR

DL might have some issues regarding thier pilots compensation...but that became academic when the bar was lowered almost everywhere...starting with U :blink:

AA....not out of the woods or immune to the issues that face all the majors..yet it's not running around willy nilly talking about selling assets or liquidating...I believe they are on the short list of suitors for our shuttle....so that wold be an asset will can ill afford to part with. :down:

NW....more of the same is required on cost cutting...yet they are every bit as draconian when it comes to clobbering people (Employee's)...they still have a nitch that the LCC's can't touch too

CO...now that's a group that will be OK...and I believe they posted a profit too !! Amazing what a leader with vision can do for a company , Isn't it?

Carriers like cal and nwa both sold assets if you read carefully ! The Facts. None of these carriers were in any way shape or forn in the condition Us was in when this all started. The Facts! I thought this was all about facts?

 

[mweiss]

Carriers like cal and nwa both sold assets if you read carefully ! The Facts. None of these carriers were in any way shape or forn in the condition Us was in when this all started. The Facts! I thought this was all about facts?

There's selling of assets, and selling of assets.

Nothing wrong with selling assets that are costing the company more to keep than to divest. The problem comes when a company is selling the profitable assets. When that happens, it's a sign that the company isn't long for this world.

 

[AOG-N-IT]

There's selling of assets, and selling of assets.

Nothing wrong with selling assets that are costing the company more to keep than to divest. The problem comes when a company is selling the profitable assets. When that happens, it's a sign that the company isn't long for this world.

mweiss,

No truer words can be spoken on that point. Regardless of what CO or NW has done....the FACT remains that it's working for them. NW is still in the mindset of trimming and CO seems to be fairing rather well. I attribute that to an intelligent and motivating leader in Gordon Bethune...in todays world he's the best of the bunch in a CEO's seat at present.

Seigel should have taken more of Gordon with him , when he departed CO Express...sure Gordon has rattled a few cages ..and maybe he's made some rather brash off the cuff comments in the press too?..yet when it comes down to brass tax , he's a leader the troops seem to be eager to follow.

Having read Gordon's book , "Worst to First"...and having had the pleasure of listening to his weekly addresses to his people...it's clear that Seigel was standing behind the door when lessons were there to be learned in some respects.

I liken Gordon to someone like Vince Lombardi...a teacher for life , not just the game. Like Lombardi...and I'll paraphrase the Washington Redskins Hall of Fame quarterback Sonny Jurgenson when Lombardi died...those that will miss him the most are the ones that never had a chance to play for him.


Back to some fact. Seigel got the world and beyond from this employee group during the concessionary phases....and then he has systematically hosed us in roll-call fashion. He may need more?...but the walls of resistance have become much thicker and taller based on what he's done...and failed to do. He has destoyed a very thin to begin with trust...and that's something you cannot do when you live with a collection plate in one hand and a hammer in the other.

 

[hammerhead]

There's selling of assets, and selling of assets.

Nothing wrong with selling assets that are costing the company more to keep than to divest. The problem comes when a company is selling the profitable assets. When that happens, it's a sign that the company isn't long for this world.

usfliboi is refering to the IPO of pinnacle and co-ex at NW and CO. these were the most profitable parts of each airline and they generated huge cash when IPO'd. Yes, like an ATM for the pilot penstion funds there.

 

[usfliboi]

There's selling of assets, and selling of assets.

Nothing wrong with selling assets that are costing the company more to keep than to divest. The problem comes when a company is selling the profitable assets. When that happens, it's a sign that the company isn't long for this world.

mweiss,

No truer words can be spoken on that point. Regardless of what CO or NW has done....the FACT remains that it's working for them. NW is still in the mindset of trimming and CO seems to be fairing rather well. I attribute that to an intelligent and motivating leader in Gordon Bethune...in todays world he's the best of the bunch in a CEO's seat at present.

Seigel should have taken more of Gordon with him , when he departed CO Express...sure Gordon has rattled a few cages ..and maybe he's made some rather brash off the cuff comments in the press too?..yet when it comes down to brass tax , he's a leader the troops seem to be eager to follow.

Having read Gordon's book , "Worst to First"...and having had the pleasure of listening to his weekly addresses to his people...it's clear that Seigel was standing behind the door when lessons were there to be learned in some respects.

I liken Gordon to someone like Vince Lombardi...a teacher for life , not just the game. Like Lombardi...and I'll paraphrase the Washington Redskins Hall of Fame quarterback Sonny Jurgenson when Lombardi died...those that will miss him the most are the ones that never had a chance to play for him.


Back to some fact. Seigel got the world and beyond from this employee group during the concessionary phases....and then he has systematically hosed us in roll-call fashion. He may need more?...but the walls of resistance have become much thicker and taller based on what he's done...and failed to do. He has destoyed a very thin to begin with trust...and that's something you cannot do when you live with a collection plate in one hand and a hammer in the other.

Its amazing how people will say how much they love gordon. My friends do i need to remind you that gordon and beyond went thru multiple bks and gutted most contracts and were able to start from scratch > I think our buddy Dave is like Gordon and your getting ready to see it. Things are better stable wise for them but they are struggling. In the past 3 weeks Gordon said they didnt lok to make aprofit thru NEXT YEAR >