FlyerTalk Forums - View Single Post - CEO Jeff Smisek Out;Oscar Munoz new Pres/CEO,Henry Meyer non-ex Chair;FBI case closed
Old Sep 9, 2015, 1:37 am
  #450  
transportbiz
 
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Originally Posted by minnyfly
Unfortunately Jeff will probably never get the credit he will deserve if UA continues the upward track its on. UA still needs some work done in key areas such as labor contracts, but the dirty work of transforming it into a highly profitable carrier with plenty of room to improve is mostly done. Munoz has a chance to reap the rewards of the previous leadership--not an uncommon thing with large corporations.
What upward track? Certainly not how the stock market sees it! United has the lowest market cap of all the major US airlines. Yes, ALL. Lower than Delta, lower than American, lower than SouthWest! United's market cap is only double that of tiny Alaska. Highly profitable? Not profitable enough it would seem! Leadership? Smisek showed no leadership at all. Pathetic CEO, only outreached by the ineptitude of a delinquent board to allow him to cause such damage. They should have acted much sooner than this.
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