Originally Posted by
cerealmarketer
He was not well regarded by the front line. From a financial perspective, he formally did save the airline from liquidation in 1983 by declaring bankruptcy and getting contracts voided.
There are some parallels between him and Tilton. While also not liked by the front line, Tilton used a drawn-out bankruptcy process to keep creditors off its back during restructuring, including dumping UA's pension obligations.
Again, smart guy from a business perspective, but clearly not Mr. Popular.