So Long, Leo - Mullin resigns!!
Nov 24, 2003, 9:25 am
#31
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Yeah, probably right. Wishful thinking on my part!
Bruce
Bruce
Nov 24, 2003, 9:32 am
#32
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Well, at least Uncle Leo gave me a CD for Christmas when he joined. Remember those?
Nov 24, 2003, 9:34 am
#33
Join Date: Jan 2001
Location: Washington, DC
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by B747-437B:
I didn't even realize Grinstein was still alive, let alone capable of running an airline anymore. I'm extremely surprised that Fred Reid didn't get the nod here, although his involvement in the Comair debacle didn't win any friends at ALPA.
</font>
I didn't even realize Grinstein was still alive, let alone capable of running an airline anymore. I'm extremely surprised that Fred Reid didn't get the nod here, although his involvement in the Comair debacle didn't win any friends at ALPA.
</font>
Nov 24, 2003, 9:43 am
#34
Join Date: Aug 2002
Location: LAS; DL PM 1MM
Posts: 16
I guess he won't leave without a nice golden (maybe platinum?) parachute.
What do you think?
What do you think?
Nov 24, 2003, 9:47 am
#35
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Will Vicki and Patrice be leaving with him?
Doubtful, the press release only said, "The Board accepted Leo's decision to retire with regret."
"Regret" is not Vicki herself, merely what her husband feels.
Doubtful, the press release only said, "The Board accepted Leo's decision to retire with regret."
"Regret" is not Vicki herself, merely what her husband feels.
Nov 24, 2003, 9:52 am
#36
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Robert Leach:
Of course, one must also assume that he fired Mullin. Sorry, I don't buy the "retirement" line.</font>
Of course, one must also assume that he fired Mullin. Sorry, I don't buy the "retirement" line.</font>
Nov 24, 2003, 9:54 am
#37
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by avek00:
Delta has MUCH bigger fish to fry at the moment than a few changes to the Medallion program, like controlling labor costs. </font>
Delta has MUCH bigger fish to fry at the moment than a few changes to the Medallion program, like controlling labor costs. </font>
Nov 24, 2003, 9:56 am
#38
Join Date: Aug 2002
Posts: 2,219
Mullin is nothing but a jerk, it's great to hear he's bailing out!
I love how he's getting a $16 million package for his retirement. That's deserved just as much as his $16 million bonus he took last time that he was sooooo kind to give back $9 million of.
Adios, don't let the door hit your a$$ on the way out!
I love how he's getting a $16 million package for his retirement. That's deserved just as much as his $16 million bonus he took last time that he was sooooo kind to give back $9 million of.
Adios, don't let the door hit your a$$ on the way out!
Nov 24, 2003, 9:57 am
#39
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Dovster:
Will Vicki and Patrice be leaving with him?
Doubtful, the press release only said, "The Board accepted Leo's decision to retire with regret."
"Regret" is not Vicki herself, merely what her husband feels.</font>
Will Vicki and Patrice be leaving with him?
Doubtful, the press release only said, "The Board accepted Leo's decision to retire with regret."
"Regret" is not Vicki herself, merely what her husband feels.</font>
Nov 24, 2003, 10:05 am
#40
Join Date: Jun 2003
Location: Atlanta
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by ConnFlyer:
That was the biggest surprise to me. I think most people saw Reid as being groomed as Leo's successor. Bringing in a fossil like Grinstein makes one wonder. Certainly gives some fuel for those who think DL and CO are headed for a merger.
</font>
That was the biggest surprise to me. I think most people saw Reid as being groomed as Leo's successor. Bringing in a fossil like Grinstein makes one wonder. Certainly gives some fuel for those who think DL and CO are headed for a merger.
</font>
Nov 24, 2003, 10:31 am
#41
Join Date: Oct 2001
Location: South Florida, USA
Posts: 184
While I can sort of understand the glee so many of you are expressing about this news, it definitely isn't good news for the airline industry *or us frequent flyers* !
The fact is that the airline industry is in trouble and if the majors can't keep a steady hand at the helm and keep on changing CEOs, eventually the owners are going to put severe cost cutters in charge. That is when we begin to lose most of our accrued (and future) benefits of being frequent flyers. If you think we have lost a lot already, look out below.
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Mark DL PM/HH GD
The fact is that the airline industry is in trouble and if the majors can't keep a steady hand at the helm and keep on changing CEOs, eventually the owners are going to put severe cost cutters in charge. That is when we begin to lose most of our accrued (and future) benefits of being frequent flyers. If you think we have lost a lot already, look out below.
------------------
Mark DL PM/HH GD
Nov 24, 2003, 10:45 am
#42
Join Date: Nov 2002
Posts: 1,236
Wow 4 hours after the first post there are 2 pages of replies.
Nov 24, 2003, 11:02 am
#43
Join Date: Dec 2002
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by jerry crump:
Wow 4 hours after the first post there are 2 pages of replies.</font>
Wow 4 hours after the first post there are 2 pages of replies.</font>
Nov 24, 2003, 11:06 am
#44
Join Date: Apr 1999
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A Prediction!!
Gordon Bethune, after leading CO from Worst to First and back to Worst again, will be the next CEO of DL.
"Birds of a feather...."
Gordon Bethune, after leading CO from Worst to First and back to Worst again, will be the next CEO of DL.
"Birds of a feather...."
Nov 24, 2003, 11:06 am
#45
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by markr33:
While I can sort of understand the glee so many of you are expressing about this news, it definitely isn't good news for the airline industry *or us frequent flyers* !
The fact is that the airline industry is in trouble and if the majors can't keep a steady hand at the helm and keep on changing CEOs, eventually the owners are going to put severe cost cutters in charge. That is when we begin to lose most of our accrued (and future) benefits of being frequent flyers. If you think we have lost a lot already, look out below.</font>
While I can sort of understand the glee so many of you are expressing about this news, it definitely isn't good news for the airline industry *or us frequent flyers* !
The fact is that the airline industry is in trouble and if the majors can't keep a steady hand at the helm and keep on changing CEOs, eventually the owners are going to put severe cost cutters in charge. That is when we begin to lose most of our accrued (and future) benefits of being frequent flyers. If you think we have lost a lot already, look out below.</font>
Over and over again, we hear how management of the big six legacy airlines must share some of the blame for their current predicament. Leo has not fixed what ails DL, so he must go. That's good for the FFs, the employees and the shareholders. It's good for all constituents.
Management is not entirely to blame for the woes visited upon airlines in the last 30 months, but neither are they blameless. And it is about time that the leaders be held accountable.