Siegel Resigns
- Thread starter DCAflyer
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This guy Lakefield is a temporary stand in. Bronner and Seagull have finally realized that the airline can not be saved. I hear a circular saw coming for US in the next few days. Nice going unionista idiots. You had to push and push and scream gimme gimme gimme. Well, now it looks like you are going to be out of a job. Do you believe it now?
It is a shame. You all were so close. Of all the majors, you had the best chance to turn the thing around. All it took was a little cooperation. But NOOOOOO! Greedy, lazy b*stards had to be stubborn!
Looks like there will be a sh*tload of "For Sale" signs on front lawns in CLT and PIT now...but you couldn't give a car or home away now. Nobody wants it.
I expect either a total shutdown of operations, or a firesale to occur within the next 2 weeks.
It is a shame. You all were so close. Of all the majors, you had the best chance to turn the thing around. All it took was a little cooperation. But NOOOOOO! Greedy, lazy b*stards had to be stubborn!
Looks like there will be a sh*tload of "For Sale" signs on front lawns in CLT and PIT now...but you couldn't give a car or home away now. Nobody wants it.
I expect either a total shutdown of operations, or a firesale to occur within the next 2 weeks.
Ya know guys, I was away from home for several hours tonight and just got home and the first thing I do is get on this sight. What do I see, right off, is Seigle's resignation. immediately, I felt myself getting emotional , and the tears were starting to flow. I really, am not sure what to think, except at this point in time, I feel exhausted and emotinal about this whole damn thing. I have felt all along that he would take his money and go. I have felt all along that we, as a company of loyal, hardworking employees were being played the fool. Yet i guess I experienced some shock this evening and once again feel we are in utter limbo. It is kind of bitter sweet yet sour grapes. God help us all. It is now even more important that we all stick together for the survival of this company.
oldiebutgoody
Veteran
- Aug 23, 2002
- 2,627
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That makes ZERO sense. Why wouldn't they just keep the "bad cop" around a few more weeks if this was what they had in mind? I think that they saw, and rightly so, that there would be NO CHANCE of saving this airline with Siegel here. If they thought that selling this heap in chunks was the answer, it would have already been done. The ONLY way to salvage a serious return on investment is to make U competitive. Hey, El Gato, I'll give you a thousand bucks for your worthless PIT real estate right now!El Gato said:
to much time to quit
Senior
- Jun 17, 2003
- 318
- 7
I believe Dave's leaving is a vote of no confidence in the unions. I’d bet that Dave had every intention of staying if he saw any glimmer of hope from the unions. Just think how good that would look on his resume, bring a company back from the brink, he would have easily made up the 4.5 million. But if he really believes the ship is going down anyway, why not have a 4.5 million life raft. Management has given up on the unions, and more specifically, the employees that make up the unions. They have decided to cut and run.USFlyer said:
What could a new CEO possibly say that would make the unions take note? Nothing. If he says you need to cut costs, the unions will balk and the company will be liquidated. If he says, I'm going to be nice to the unions and not cut costs, the company will be liquidated.
Bronner WAS in this for the money. However, USFlyer is right, now he's in it to lose the least amount of money as possible.
Sorry to be so doom and gloom, but the time for niceties is long gone. Good luck U employees!!
- Thread Starter
- Thread starter
- #98
Yeah, but I caution you that just two years ago we thought the same of Dave. Remember, he came with accolades from Gordon Bethune. Yes, I think we should trust him, because we don't have a choice right now. But we certainly should not blindly trust him. If he has half a brain, he should already know what we are made of. It's time for him to prove himself to us.abonny said:
I think you prove El Gato's point. Why wouldn't he leave now? If they had the intention of making a success out of U, Dave could have stuck around. But, if they're going to break it up eventually anyway, why wouldn't he take the money. If he's going to take the money, why stick around for 2 weeks of headaches.oldiebutgoody said:
- Thread Starter
- Thread starter
- #100
Excuse me, but the good employees of US Airways gave... not once but twice. And the only improvement to the bottom line happened to be exactly the amount of employee give-backs. Dave did little to improve revenue. He did nothing to improve non-labor costs. He did nothing to forecast the course of the industry. He did nothing to improve the route structure. He did nothing to strengthen our east coast franchise. He screwed the city of PIT, rather than working with it, which had the effect of pissing off the state of Pennsylvania, which, dare I say, resulted in the invasion of our crown-jewel hub, PHL, by the darling of the low cost carriers. Unfortunately, Dave probably did irreperable harm to our great airline. Time will tell. But Dave had to go. Now let's see what this new guy is made of.AirwAr said:
Why? Because there never WAS a good cop/bad cop deal going on here. Siegel AND Bronner told you what was necessary to save the company. It was written out, shown to you on a videotape. But you chose not to see it.oldiebutgoody said:
Oh, and my car is paid off a long time ago, and I do not own a house, unlike you who is about to see your house value plummet for the ground. How about I give you a dollar for YOUR house, fifty cents for YOUR car?
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AgentOrange
Member
- Apr 19, 2004
- 31
- 0
OK, what should he have done to "strengthen the East Coast franchise"?
How should he have cut "non-labor costs?" How do we know they are not already cut to the bone?
Is he supposed to have figured out that traffic would return but pricing would not?
How was he supposed to have "improved the route structure?" What airlines have materially changed their route structure at all in the past few years? Only one I can think of is AA with more point-to-point flights, with undocumented results.
How did angering the state of PA result in Southwest entering Philadelphia faster? How did the state of PA figure that hurting US Airways further is in the state's or its residents' best interests?
How should he have cut "non-labor costs?" How do we know they are not already cut to the bone?
Is he supposed to have figured out that traffic would return but pricing would not?
How was he supposed to have "improved the route structure?" What airlines have materially changed their route structure at all in the past few years? Only one I can think of is AA with more point-to-point flights, with undocumented results.
How did angering the state of PA result in Southwest entering Philadelphia faster? How did the state of PA figure that hurting US Airways further is in the state's or its residents' best interests?
And you sound like a fart from my *ss! Your not gonna keep your house and car, because you just lost your job nimrod! If anything, the repo man is about to come for YOUR car! My car is paid off, I was not stupid like you were to buy a home in a place like PIT...you actually think you will get purchase price on your home now? You will be lucky to get even half of it!to much time to quit said:You don't know your arse from a hole in the ground.And I think I'll keep my house and cars, their cheaper than renting an apartment anyway.
Good luck on the sale of your house and keep that car in the garage at night, thats usually when the REPO man shows up!!
Oh, and if you are thinking that "I can get a job with another airline that hubs at PIT", KEEP DREAMING! PIT is part of the reason why US Airways has finally bit it. No other airline, not even Southwest would come to PIT. WN is having misgivings about the high prices at Philly, you think they are going to help pay for a bunch of corrupt PIT politicos?
Don't try at any of the LCC's for a job either. They don't want a company killer like you.
- Thread Starter
- Thread starter
- #104
Okay, since you seem to have all the answers, tell me this. How many times do emplyees have to give to save the company. The first time the employees gave the company everything it wanted. The second time, the company extorted the money through threats of liquidation and, yes, got everthing it wanted. That still wasn't enough. So why should we believe Dave knew what he was doing during the first round (voluntary concessions) and the second round (extorted concessions)? And why, pray tell, should we believe that the third time will be a charm and they won't come around for a fourth time or a fifth time? How many more active employees and furloughed employees have to file bankruptcy before we come the the realization that there never was a plan except to extort and furlough and downsize... and lie? And cheat! And make deals knowing full well that they have no intention of honoring their part of them!
That may be true, but I find it hard to believe that he was asked to leave this late in the game. It appears to me that Dave was Bronner's last hope. It didn't work. You can put all the blame you want on your past CEOs, but in the end of the day, look who's still around holding the bag.DCAflyer said:
