Us Airways Names James Schear Restructuring Vp

[MrAeroMan]

Now, why would that be?

[post="175414"][/post]​

I guess your idea for a VP didn't set right Itrade. 😀

 

[ITRADE]

Too bad. It would have been interesting.

Maybe Vice President of Lav Dumping...

 

[RowUnderDCA]

Does anybody know his story? Interesting that he would leave a secure government job AND one that had just been restructured, itself, for U. I mean, I would not think that his FAA job would have been dead end. He would have just recently been selected for the position.

I'd think this would suggest that U is serious in a big way about transforming.... oh I mean ...... restructuring.

Also, note, he is an operational guy.

 

[ITRADE]

Whomever is now a VP, they certainly are buying into a nice-short term stock pop:

http://finance.yahoo.com/q/bc?s=UAIR&t=5d

 

[USA320Pilot]

US Airways' announcement that it has hired former US Airways Captain Jim Schear to become the company’s new vice president of restructuring is outstanding news.

Jim retired from US Airways a few years ago and took a senior management position at the TSA and then with the FAA. During his first stint at US Airways Jim held a number of management positions including heading up the "Restore Confidence" program and a B767 check airman.

Jim has an in-depth knowledge of US Airways, his appointment is best news I have heard at our company in recent memory, and I believe bodes well for the company's transformation.

Jim, Bravo Zulu and welcome aboard Skipper!

Very respectfully,

USA320Pilot

 

[phillyguy]

well maybe - just maybe - the vp of restructuring is the one to get rid of the deadwood in CCY and implement the cost down on the internal side.

There has always been a question of where the balance of the $ was coming from or why isn't CCY getting cut.

Maybe this is how they will do it. Sometimes you need a hatchet person from the outside.

Hang Tough!!

Phillyguy <has purchased 3 RT on U in the past 36 hours>

 

[MrAeroMan]

You may be onto something Phillyguy. I hope his first stop is the office of Al Crellin. He's the absolute worst person for the job he holds and should've been replaced during BK#1. There is no way he's going to survive BK#2 but dumber things have happened.

 

[BIGDOG]

SURE I'LL TAKE ANOTHER PAYCUT TO BRING ON ANOTHER VP.

PLEASE PLEASE PLEASE.....

I DON'T THINK SO.....

AND THEY WONDER WHY WE ARE SINKING FAST.

:down: :down: :down: :down:

 

[Doc]

It may be a pay cut for him you never know .......

 

[us0004us]

jim schear is a highly respected aviator and leader...some folks would say,

that needs to be said here. interesting that he elected to return..




GO NAVY!

 

[700UW]

Must be the money.

 

[ITRADE]

Some folks just love the industy. The on-call managers at CCY make about $25,000 a year, which is pretty damned low in the D.C. area.

 

[Pacemaker]

I agree with USA320pilot. Capt. Schear was openly disdainful and disgusted with management at the beginning of the Siegel era, just before he retired. A great sign, IMO. He's someone who won't put up with the nonsense that has become commonplace at US Airways. It may be a drop in the bucket of this cesspool, but it can't hurt.

 

[us0004us]

by the way , with this navy theme on going....maybe the company can make a deal, save millions of dollars and consolidate what back office services that are still located in pit with ccy
and move it all to annapolis or fll or.......

 

[EyeInTheSky]

Maybe we should just change the name while we are at it: US Squidways.