Don Carty and Fred Greed to run Virgin America

[General Lee]

Press ReleaseSource: Virgin America Inc.
Virgin America Appoints Donald J. Carty Chairman of its Board of Directors
Monday February 6, 12:00 pm ET
BURLINGAME, Calif., Feb. 6 /PRNewswire/ -- Virgin America Inc., a new U.S- based airline start-up company, announced today that Donald J. Carty has been appointed as the company's chairman by VAI Partners LLC, an investment group funded by U.S. investment firms Black Canyon Capital and Cyrus Capital Partners and the company's controlling shareholder. Carty, the former chairman and CEO of AMR Corp. -- the parent company of American Airlines, Inc. -- also will become an investor in VAI Partners, which owns 75 percent of the equity of the airline.


Bye Bye--General Lee

 

[GogglesPisano]

Sounds like the employee-friendly corporate culture is already coming together.

Can I get a Kumbaya??!!

 

[79%N1]

I talked to my Chief Pilot and I heard that mans real name is Fred Reid! I think General Pee was mistaken, and has the name wrong! How disrespectful!

 

[800Dog]

I talked to my Chief Pilot and I heard that mans real name is Fred Reid! I think General Pee was mistaken, and has the name wrong! How disrespectful!

The General was not in the least bit disrespectful, just accurate.

 

[79%N1]

Seems disrespectful to me..........

 

[Rez O. Lewshun]

The question is...how much of an anti-labor airline will this be...

 

[800Dog]

Seems disrespectful to me..........

What is disrespectful is taking tens of millions of dollars from a failing companies treasury, while laying off thousands and creating a bankruptcy proof pension which is exactly what Fred Greed and company did.

 

[AAflyer]

Don Carty will screw you from behind with a smile on his face, he is a known pilot hater. I know there are bunch of guys ready to get in line to fly for this company, but buyer beware.

AA:erm:

 

[Frank Lorenzo]

I'll be joining them soon to round out the trifecta of greed at the top!

It will only cost VA a nominal 7 figure signing bonus and a golden parachute for when I run this place into BK!

My first mission is to get my buddy Bush to dump the Cabotage laws so I can hire a bunch of Third World pilots to fly for $20K a year.

If that doesn't work out, I'll settle for JBLU pay scales.

 

[tomcash]

I'll be joining them soon to round out the trifecta of greed at the top!

It will only cost VA a nominal 7 figure signing bonus and a golden parachute for when I run this place into BK!

My first mission is to get my buddy Bush to dump the Cabotage laws so I can hire a bunch of Third World pilots to fly for $20K a year.

If that doesn't work out, I'll settle for JBLU pay scales.

That's great!!

 

[32LT10]

The new lowest common denominator. I hope the JLBU gang fully supports the VA operation. Another new LCC that will be cast into the mix with you guys. Enjoy beating your twin over the head. This should be fun to watch.

 

[Rez O. Lewshun]

Don Carty will screw you from behind with a smile on his face, he is a known pilot hater. I know there are bunch of guys ready to get in line to fly for this company, but buyer beware.

AA:erm:

Which AMR CEO/President did NOT hate pilots....

 

[fifty30retard]

Nine posts on an unrelated topic to jetblue and the bashing has already started. You guys are something else! I thought JetBlue was going out of business anyway as predicted by all the genius know it all pilots on this board.

 

[32LT10]

virgin red = jetblew
Nothing different in the two.

 

[fifty30retard]

virgin red = jetblew
Nothing different in the two.

Man you are soooo funny. It's amazing the great stuff you come up with. Keep it coming I need the good laugh.

 

[Zipperhead]

32LT10,

This guy loves to bash any airline but his. Class act!!!

 

[airspeedsalive]

I know who Don Carty is but who's the other guy?

 

[737 Pylt]

Seems disrespectful to me..........

Yet you don't find this disrespectful??

I talked to my Chief Pilot and I heard that mans real name is Fred Reid! I think General Pee was mistaken, and has the name wrong! How disrespectful!

I think you should look in the mirror. Or look harder at trying to pick on the General!
737

 

[AA717driver]

Up till this point, I've been a huge proponent of VA. I still think it will work and do well--just not with me working for them.

I've already had one go 'round with Carty. My a$$hole has yet to heal... TC

 

[General Lee]

Seems disrespectful to me..........

Disrespectful? He pillaged our company. I was there watching it. He loved RJs, and thought they were the "cure all." Guess what? They weren't. I hope he wrecks Virgin America too.

And, you bring this up to make me mad? You did a bad job. This is a subject I could rant on for hours, maybe even longer than a SkyWest debate. And, I can say anything I want about him since I experienced his mismangement first hand.


Bye Bye--General Lee

 

[General Lee]

I know who Don Carty is but who's the other guy?

Fred Greed (Reid) was the President and COO of Delta, when Leo Mullin was the CEO.

Bye Bye--General Lee

 

[airspeedsalive]

Thanks

 

[Dave Siegel]

I'll be joining them soon to round out the trifecta of greed at the top!

It will only cost VA a nominal 7 figure signing bonus and a golden parachute for when I run this place into BK!

My first mission is to get my buddy Bush to dump the Cabotage laws so I can hire a bunch of Third World pilots to fly for $20K a year.

If that doesn't work out, I'll settle for JBLU pay scales.

Hi Frank! Don and I already talked, last week on the yacht, and I'm in. Rakesh and Stephen want to join the gravy train as well, but Rakesh smells like JB Bus Drvr, and Mr. Wolf is just too strange. Plus, in the midst of these challenging economic situations, there will be more incentive for you and me to leave our mark once again on our favorite industry.

By the way, I never tipped that Jet Blue pilot, JB Bus Drvr, for the nice job he did carrying my golf bag. If you see him, give him a quarter, but be sure to stand upwind, because he stinks.

Here's his picture:
http://www.weblog.vannatijne.nl/wp-content/smurf.jpg

 

[Gorilla]

Carty is a talking puppet-head like the "Max Headroom" Coke ads from the '80's, combining labor hatred with a stunningly bad understanding of the industry. While Crandall may have been anti-labor, at least he knew the financial essentials of running an airline. Carty, his successor, squawked all of Crandall's rhetoric, parrot-like, while simultaneously having no clue. A monstrous combination.

I pity anyone working for him. They need to dissect the annual report and other management disclosures with a scalpel to reveal all the hidden parachutes created with Labor money.

Check it out, He even looks like Max Headroom:
Max H.- http://www.maxheadroom.com/mh_home.html
Don Carty - http://www.smu.edu/newsinfo/releases/00321.html

 

[maru657]

I've always contended that Lorenzo was just doing what the pilot group allowed. Hank Duffey however was the real snake in the grass. Lorenzo testified to congress prior to de-regulation explaining what they could expect, unfortunately many pilots voted for the people who gave him the opportunity to prove he was right.

 

[Rez O. Lewshun]

I've always contended that Lorenzo was just doing what the pilot group allowed. Hank Duffey however was the real snake in the grass. Lorenzo testified to congress prior to de-regulation explaining what they could expect, unfortunately many pilots voted for the people who gave him the opportunity to prove he was right.

Wow..that is deep.....

So basically, it wasn't Hitlers fault, it was the Jews, Gays, Gypsys and other deviants..

 

[BLUE BAYOU]

The only airline that will be immediately affected by VA will be UAUA. But of course, management won't mind with their prolific stock offering-- because their plan to succeed in post-bankruptcy is to bank on fuel at $1.50/gal and didn't even give a mention to Virgin America starting up at SFO. Three years in bankruptcy and this was their plan??? As for the Jetblue bashing, you know what, when we applied and got hired here, we knew what were getting into. We've not seen one reduction in wages or benefits (except for the rise in health care) in the six years here. In fact, the a-320 wages went up 32% and the 190s will follow suit in time as well. As for the remaining bashers on this forum, you're the guys standing by allowing the reduction in pay and benefits to happen!!! If y'all had some cahunas and stood up for yourselves, you wouldn't be in this predicament of bashing jetblue because the truth is, the airline industry was already in a tailspin in 2001 prior to 9/11 and jetblue was only a year old then dudes!!! Blame it on somebody else!!!

 

[michael707767]

We've not seen one reduction in wages or benefits (except for the rise in health care) in the six years here. In fact, the a-320 wages went up 32% and the 190s will follow suit in time as well.

No disrespect intended, but if you think the company is going to pay more for the 190 you are kidding yourself. The 320 rates went up at a time when the legacies were paying captains over 200 an hour. Those days are gone.

The only way the 190 rates will go up is if JetBlue does not have a good supply of qualified pilots applying to come fly there. I don't see that happening.

 

[32LT10]

blew byyou is wrong, AGAIN

The only airline that will be immediately affected by VA will be UAUA. But of course, management won't mind with their prolific stock offering-- because their plan to succeed in post-bankruptcy is to bank on fuel at $1.50/gal and didn't even give a mention to Virgin America starting up at SFO.

VA is taking aim at JBLU. UAUA is offering PS service on transcons, very few cheap tickets. VA plans to offer similar offering to JBLU. So the bottom of the barrell travelers will have choice. In fact PS is most likely a result of the earlier threat of VA.

As for your statement regarding ua fuel prices. Is your ability to do research limited by your capacity to intake information?

UAL 1Q fuel cost estimate 1.92, for full year avg 1.81. You can find that in the UAUA 8k statement. Of course you get all your financial advice from the USA Today.

One other item about your statement concerning stock and UA management shares. Why would they want the stock to go down since it vest over a 4 year period. You do a very good job of proving my point about the lack of education and experience in the ranks of the JBLU pilot group with your layman's understanding. Are you the Flight Saftey poster boy at JBLU? Did you have 250 hours of C172 time when you got hired?

Give the sledder my best. We sure do miss her ROTFL!

 

[mnboyev]

Shhhh.... I think you're right Michael.... 190 rates.... too low...

How much is that fare between BOS and IAD ? All in good fun Blue.!.
Green Tail ticket counters sure would look nice next to that pretty row of JBlue counters.

I heard were gonna change gates ... You guys moving to A in BOS ?