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Veteran
Is Frank Lorenzo looking for a job?
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Ok, so we are going to refer to Horton as Tommy Boy and Parker as some boy genius savior? News flash, Horton didn't choose bankruptcy, THE BOARD DID, then Arpey refused to be a part of that decision and stepped down, so Horton took over.
Horton has done a fine job getting everything done in Bankruptcy, it's this US Air merger that is delaying everything. Just cause employees got less money doesn't mean Horton sucks. ANY CEO who didn't get reduced contracts would be viewed as an idiot and removed by the BOD, and most likely court and UCC would not approve them.
For as dumb as employees like to claim management is, they early have no grasp on what it means to be CEO cause if they did, calling Horton an idiot would mean they would have to say no to Parker. You would think if employees were so smart and knew what was best for AA, they would at least say no to both and request someone else.
Most labor employees (as many have admitted on here) want the most money and benefits as they can get, regardless of whether that would mean others at AA and AA as a whole would suffer, so when employes have this attitude it is fair but when CEOs do it is unfair. So basically, fairness in employees eyes is decided by who has the least amount of money. Makes PERFECT sense.
Btw, hate him or love him, Uncle Bob would be a choice MOST US Air and AA employees would be ok with because he they may not love his labor policies but they believe he is competent.
Cheers,
777 / 767 / 757
Nothing really to see. Per the article you posted, Tommy Boy is angling to have a job, any job. At this point, it looks like the best he can do is become Chairman of the Board. Not CEO. Looks like he has nothing else lined up. Too bad, it would be better for all if he would just run off into the sunset with his tail between his legs like all losers do. By the way, if he does get the Chairman job, look for it to be short term like Tilton's was at UA.
Parker has made money with an inferior route structure then AA's. I can't say I'm thrilled with the results of his merger between USair and AW. 7 years come on already.
Your taking it way to literal,...his ignorance has nothing to do with an IQ my friend but in leadership and the value of getting your work force behind you,....in this case he is a lacking greatly,....he pretty much cut labor off at the knees, poured salt on our wounds, and then dumped us overboard. Boardroom/War room heroics go so far, but eventually the troops have to saddle up and do battle,... a good general can lead his troops into battle and expect alot from them,....It aint going to happen with this General. As a soldier you have no say so in the plan, we make no decission , but you got to trust leadership and leadership has to respect the soldier,none of which is on either side.....at all.