Originally Posted by
UA-NYC
It's disingenuous to say that a company with a PMCO CEO and majority PMCO leadership team isn't tilting towards PMCO policies & procedures. Whether it's emotion, preference, financial decisions, etc. that's what's happening.
Why is it disingenuous?
Management reports to the Board of Directors, who in turn are accountable to the shareholders. The board has 9 PMUA directors and 7 PMCO directors, so a PMCO bias at that level seems unlikely.
Originally Posted by
UA-NYC
$misek's on record saying he came into the merger thinking E+ was DOA, that there was no way it could be profitable, and that he wanted to kill it off. You don't think there's any emotion in that? Lo and behold, PMUA books showed him that it actually was a pretty profitable enterprise. I'm hoping that was a humbling experience for him - but I doubt it.
We've already seen them backtrack (or start the process of backtracking) where their PMCO-mindset decisions have been in conflict with the realities of this airline. I'm sure we'll see many more as there's been a lot of shortsightedness to date.
Rather than emotion, I think these points demonstrate a commitment to making decisions that will generate the best financial results.