US Airways CEO is confusing me

[satpak77]

Came across this in the news this morning:

States that US Airways is thinking about adding 60 A320 Airbus to fleet

http://www.post-gazette.com/pg/04016/261972.stm


a few days ago, it was announced that 4 senior managers all resigned, one going to MCI (who is itself laying off 1700 people)


http://www.usatoday.com/travel/news/2004-01-16-us-air_x.htm


prior to that news article, CEO David Siegel claimed that they had to sell assets for survival


http://biz.yahoo.com/rb/040109/airlines_usairways_1.html




Can someone tell me what Siegel and the upper management team are doing? First, we sell assets. Then 4 managers resign. Then we decide to merge two commuter operations. Now, he tells the pilots union that they may pick up 60 shiny new Airbus's? What the F** over?

 

[VFR on Top]

[Cue theme music from Titanic]

 

[FurloughedAgain]

Carrot....stick.... carrot....stick....stick....stick....carrot...stick

 

[surplus1]

Forecast

Ceiling zero, visibility zero. wind 35 gusting to 50, heavy snow. Breaking action ... nil.

This airline will eventually go the way of Braniff, Eastern, PanAm, TWA, etc.. It's only a matter of time.

Do I want that to happen? Of course not. I just think it will.

PS. Forecasts are wrong as often as they are right.

 

[bart]

It seems the more troubled a business is the bigger of a bozo they attract to "turn them around". Wonder who will be the permanent replacement for Mullins at Delta.

I hear Krusty the Clown is looking for a job.