Delta to Name Anderson CEO

[General Lee]

Anderson was well liked at NWA, and he is well known in the industry. We are very happy that Ed Bastian wasn't given the CEO post, since he is anti-pilot. (although he was given the President post and still has the CFO post). Overall, it was a good choice.

Bye Bye--General Lee

 

[XJohXJ]

Nonetheless, United Health Care is horrible. Deny coverage, and give the CEO 1 Billion.

 

[~~~^~~~]

Does this mean Delta going back into bankruptcy

Probably not based on this one isolated tid bit of news, but it does obviously mean instability as a new, outsider, comes in. Obviously Anderson will make changes. What Greenstein, Whitehurst and Bastian, has been doing has been working - even in the face of fuel costs much higher than forecast.

From the DCI perspective, this will probably be the change that will result in an ownership change at Comair, if such a thing is going to happen, ever.

 

[PCL_128]

Anderson was well liked at NWA

General, that's not really true. In comparison to Steenland, he's the frickin' mesiah, but that's not saying very much. Anderson is a smart manager, and a good politician, but he's not pro-labor by any stretch of the imagination. You would have been much better off with Whitehurst.

 

[Stifler's Mom]

More importantly...I wonder what HIS new paint job for Delta will look like. I guess that will eventually make four liveries on property not including all the green and pink Song planes.

 

[Simon Says]

LOL, Isn't Anderson part of the Frank Lorenzo posse from Continental?

 

[~~~^~~~]

Yes, he is. But, I'm not sure that means a whole lot 25 years later.

I think his mission is to get value for the Board of Directors. Since Delta's current plan is working I do not expect a drastic change. I think the way to look at this is augmentation of the current management, which is doing a good job. There may be a step away from some of the more generous outlays to Delta employees and a focus on being financially conservative, which should help Delta.

The balancing act will be costs v. service. Lorenzo had the lowest costs in the industry, went bankrupt three times and eventually got forced out of the business. For a network carrier like Delta, there is a lot more to the game than costs. Delta has to fix its' revenue more than its costs. The current management is doing a good job on that front.

For those on Flight Info the real questions are mergers and fleet plans. It is way too early to even have a guess.

 

[ASARJMan]

Sadly the announcement caused management to cancel the system-wide "deep cleaning program" Tues night. Ahh, couldn't have been there were no pilot or FA volunteers in ATL now could it?

 

[Habib]

Delta+nwa?????????

 

[Simon Says]

Delta+nwa?????????

Delta and Northwest, sitting in a tree....K-I-S-S-I-N-G!