Us Airways Chief's Pay Package $11 Million....

[PITbull]

Well, then I will make the assumption that you must be one of those "wall street gamblers" who needs the company to survive in order to cash in (of course, as far as anyone knows).

We are not bailing you out. Lots a luck.

 

[PITbull]

ITRADE,

We know who you are too! But you won't admit it. You say you are not affiliated with U as an employee, but yet you have over 1,500 posts and claim to know who two posters are LOL....

Your lieing profusely takes away any credibility you may have had in the past on these boards.

Cav,

I agree with you as I always do. You have done a 360 this year, and I remember last year how you came on these boards in support of this team. They have revealed themselves to all now, and one can't help but see it. Only those who have something to gain by this managment staying think otherwise.

Happy Easter my friend. Christ has risen.

 

[700UW]

He has 1,974 posts.

 

[Kyle]

That's why it was stated he has "over 1500 posts".

Back on topic everyone or it will close please.

 

[mweiss]

...I don't call a company IMPOSING new wages, work rules and benefits upon them concessions.

Neither do I, but do I have to remind you of the words you said yet again?

And to this day NOT ONE Airline has ever been saved from the wallets of the employees.

Where's the word "concession" in there? And are you saying that the airline couldn't have been saved if the employees agreed to the wage cuts, that it had to be imposed on them in order for the airline to succeed? Or are you suggesting that the airline would still be around today even with the old wages?

Yours was a mighty long post that said nothing about how wage cuts didn't do anything to keep the airline afloat.

 

[usfliboi]

You guys crack me up He mad i believe 630 last year which isnt out of this world and the rest is on paper period. I mean when he takes jet blues salary it will still not be enough. Performing or not !!!! In this cas no bonus( which he didnt deserve) and no stock payback because its in the tank.!

 

[to much time to quit]

DELETED BY MODERATOR

 

[E-TRONS]

Hey TMTTQ,

What's up? Are you hankering for some more corn ???

Keep it up and you'll have to change your name to Sugar Pops

Peace Bro.

 

[ClueByFour]

I'll have to do a bit of digging, but I distinctly remember an AFA release stating that Wolf's compensation topped over $100 million annually at one point in the late 1990s when all bonuses, stock grants, stock options, etc. were fully valued...

Dig it up.

I don't remember such a beast, then again, I'm not "recalling" it's existance.

 

[to much time to quit]

Hey TMTTQ,

What's up? Are you hankering for some more corn ???

Keep it up and you'll have to change your name to Sugar Pops

Peace Bro.

I'm so confused, no one has a sense of humor anymore.

 

[SpinDoc]

The employees of this company have given two and one group three rounds of concessions, to a tune of 20,000 less employees and concessions totaling over $1.1 Billion a year since the end of 2001, the vendors gave another $1 billion in concessions and over a $1 billion was wiped off in debt.

Obviously you can't fathom it is not labor costs!

And to this day NOT ONE Airline has ever been saved from the wallets of the employees.

It takes leadership, vision and a REAL business plan, all of these which dave does not have.

700UW:

Before you discount this post, please understand that
I fully agree executive compensation at US (and many
other legacy carriers) is out of whack. The problem is
that Dave Siegel negotiated what he is currently receiving
and the people who negotiated with him (BOD) did not
use good judgement in the process. Dave should be paid
a base salary in the neighborhood of $200,000. Anything
else he receives, he should have to earn through measured
performance objectives. At the time Dave was hired, US
was a seriously deficient concern and in order to lure Dave
to the company, they had to give him a large portion of his
total compensation in preferred stock. That is what is showing
in the securities filings. The BOD should have placed
specific revenue and profit targets on the granting of the
stock, but they did not. Now, it is up to the lawyers and
BOD to determine his salary going forward. With Bronner
at the helm, it will be a tough sell to continue to pay Dave
without performance targets. On the other side of things,
the company needs concessions whether they are
W-2 cuts or productivity enhancements that will lower the
overall unit cost of flying a customer one mile. They
have a ballpark figure they know has to be met, but
they cannot move forward until the unions come to the
table to determine their level of participation. Everyone
on these boards fails to see that it takes cooperation
between management and the unions to form a plan that
will work and be sustainable for the long term. At the very
least, the unions need to meet with management and
determine what is needed to move forward.

 

[High Iron]

I'm so confused, no one has a sense of humor anymore.

Well I'm glad I read it before TASS did. Was short , quotable and made me laugh.