From the bio of Glenn Tilton...

[GLD Direct]

Makes Frank Borman look like Mother Teresa, what is your union doing about this man?

"He attracted the scorn of corporate ethics watchdogs for awarding himself a $366,000 bonus in 2004 and negotiating a deal in 2005 for upper management to receive $115 million of preferred stock if the company ever emerged from bankruptcy proceedings.

After entering bankruptcy, Tilton sought and achieved major cuts in employees' pay and the termination of the employees' pensions. Tilton characterized these cuts as "shared sacrifices" among management and labor. However upon exiting bankrutpcy, Tilton received $39,700,000 in compensation and senior management received stock options worth hundreds of millions of dollars while the employees continued to receive bankruptcy wages. The generous payments to management after obtaining steep concessions from employees has created bitter labor relations at the airline."

 

[IronCityBlue]

Makes Frank Borman look like Mother Teresa, what is your union doing about this man?

"He attracted the scorn of corporate ethics watchdogs for awarding himself a $366,000 bonus in 2004 and negotiating a deal in 2005 for upper management to receive $115 million of preferred stock if the company ever emerged from bankruptcy proceedings.

After entering bankruptcy, Tilton sought and achieved major cuts in employees' pay and the termination of the employees' pensions. Tilton characterized these cuts as "shared sacrifices" among management and labor. However upon exiting bankrutpcy, Tilton received $39,700,000 in compensation and senior management received stock options worth hundreds of millions of dollars while the employees continued to receive bankruptcy wages. The generous payments to management after obtaining steep concessions from employees has created bitter labor relations at the airline."

Makes you wonder if the narrowbody work rule side letter (LCO parity) is enough to pacify the restless masses while he puts lipstick on the pig for an even bigger payday.

 

[Sedona16]

If the DAL/NWA deal goes through and UAL/CAL follow suit it will be interesting to see if Tilton waves his initial merger bonus now that Anderson from DAL has said he will forgo it (I know Anderson will get it later most likely). My guess is Tilton will grab any money as soon as humanly possible and give the proverbial bird to the employees again.

 

[Jonny Sacko]

That piece of sh!t will take another chunk of stock in the new outfit no matter what. He's an absolute ZERO. His management skills are ZERO, his customer service skills are ZERO. On a side note, I think he's gay also. Not that there's anything wrong with that. No.

 

[Yuppyguppy]

Yes there is something wrong with that

 

[blzr]

That piece of sh!t will take another chunk of stock in the new outfit no matter what. He's an absolute ZERO. His management skills are ZERO, his customer service skills are ZERO. On a side note, I think he's gay also. Not that there's anything wrong with that. No.

I'm suprised some disgruntled employee has not gotten to him in the parking lot. Make him scream "DON'T TAZE ME BRO!!"

 

[D-Bo]

Makes you wonder if the narrowbody work rule side letter (LCO parity) is enough to pacify the restless masses while he puts lipstick on the pig for an even bigger payday.

Absolutely not. That's just a start. And we have better weapons now.