Tilton/UAL History Lesson
#1
Keep Calm Chive ON
Thread Starter
Joined APC: Feb 2008
Position: Boeing's Plastic Jet Button Pusher - 787
Posts: 2,086
Tilton/UAL History Lesson
For those at CAL, here's a little history lesson/summary detailing the reign of Tilton at UAL. I am fully aware this video is dated 2006, but knowledge of 'history' makes this relevant for those who are less informed.
Smisek's off to an outstanding start (sarcasim dripping)....As Tilton was for UAL's BK, could "Jeffery" be the same 'pawn' for this Merger?? Looking more & more like forshadowing of the same type of 'strong armed' style of management.
news + public affairs player: video
Smisek's off to an outstanding start (sarcasim dripping)....As Tilton was for UAL's BK, could "Jeffery" be the same 'pawn' for this Merger?? Looking more & more like forshadowing of the same type of 'strong armed' style of management.
news + public affairs player: video
#2
Profiting from other people's misery
Couple of things of particular note in this piece are the sneering, chuckling demeanor of the beady eyed JP Morgan guy and the fact that the lawyer Sprayregen has a 'Chicago Fly TWA' poster hanging in his office.
I assume that's like a lion's head trophy in a big game hunter's study.
I had the pleasure of helping TWA shrink to profitability in the late '90s and currently am enjoying the double furlough surprise that is helping fund management 'bone-us' checks and GT's untouchable retirement at United. I maintain my equanimity by focusing on the small hope that there is indeed a special place in hell for those who profit from other people's misery.
But, if there is, then I'll undoubtedly end up in the special place in hell for those who take pleasure in other people's having been thrown into the special place in hell for them and end up working for these same scumbags in the afterlife. My only hope then will be that they will reorganize Hell and I'll be furloughed.
I assume that's like a lion's head trophy in a big game hunter's study.
I had the pleasure of helping TWA shrink to profitability in the late '90s and currently am enjoying the double furlough surprise that is helping fund management 'bone-us' checks and GT's untouchable retirement at United. I maintain my equanimity by focusing on the small hope that there is indeed a special place in hell for those who profit from other people's misery.
But, if there is, then I'll undoubtedly end up in the special place in hell for those who take pleasure in other people's having been thrown into the special place in hell for them and end up working for these same scumbags in the afterlife. My only hope then will be that they will reorganize Hell and I'll be furloughed.
#5
Gets Rolled on the Reg.
Joined APC: Oct 2010
Posts: 274
Imho the most telling and instructive portion of the video is with Sprayregan.
Listen closely to what the lead UAL lawyer says about strategy, compensation and the bankruptcy.
And what he says about why it took 2 1/2 years. It wasn't a legal or banking delay, it was to "adjust expectations" and
to get where "people would buy into it" "without losing the hearts and minds of the employees" ie.
it took time to "condition" you to accept that what they were manipulating and doing was acceptable.
They knew about the multiple compensation and rule cuts, and the liquidated pensions, up front.
It will be no different this time around.
They'll pull out terms like "competing with LCC's", "oil instability", "world events" and "changed environment"
to get you to believe your compensation/work rules should be less than what you think they should be.
Bottom line, it will take an industry leading contract in pay, work rules and scope to employ our professional pilot services.
It's their responsibility to manage how to finance that, not ours.
Anyone who doesn't stand up for this during the current merger opportunity
has zero room to complain about compensation/work rules/scope going forward.
We will get industry leading if we stand up for it. My strike reserve is funded.
Listen closely to what the lead UAL lawyer says about strategy, compensation and the bankruptcy.
And what he says about why it took 2 1/2 years. It wasn't a legal or banking delay, it was to "adjust expectations" and
to get where "people would buy into it" "without losing the hearts and minds of the employees" ie.
it took time to "condition" you to accept that what they were manipulating and doing was acceptable.
They knew about the multiple compensation and rule cuts, and the liquidated pensions, up front.
It will be no different this time around.
They'll pull out terms like "competing with LCC's", "oil instability", "world events" and "changed environment"
to get you to believe your compensation/work rules should be less than what you think they should be.
Bottom line, it will take an industry leading contract in pay, work rules and scope to employ our professional pilot services.
It's their responsibility to manage how to finance that, not ours.
Anyone who doesn't stand up for this during the current merger opportunity
has zero room to complain about compensation/work rules/scope going forward.
We will get industry leading if we stand up for it. My strike reserve is funded.
#7
Gets Weekends Off
Joined APC: Aug 2010
Posts: 2,530
Imho the most telling and instructive portion of the video is with Sprayregan.
Listen closely to what the lead UAL lawyer says about strategy, compensation and the bankruptcy.
And what he says about why it took 2 1/2 years. It wasn't a legal or banking delay, it was to "adjust expectations" and
to get where "people would buy into it" "without losing the hearts and minds of the employees" ie.
it took time to "condition" you to accept that what they were manipulating and doing was acceptable.
They knew about the multiple compensation and rule cuts, and the liquidated pensions, up front.
It will be no different this time around.
They'll pull out terms like "competing with LCC's", "oil instability", "world events" and "changed environment"
to get you to believe your compensation/work rules should be less than what you think they should be.
Bottom line, it will take an industry leading contract in pay, work rules and scope to employ our professional pilot services.
It's their responsibility to manage how to finance that, not ours.
Anyone who doesn't stand up for this during the current merger opportunity
has zero room to complain about compensation/work rules/scope going forward.
We will get industry leading if we stand up for it. My strike reserve is funded.
Listen closely to what the lead UAL lawyer says about strategy, compensation and the bankruptcy.
And what he says about why it took 2 1/2 years. It wasn't a legal or banking delay, it was to "adjust expectations" and
to get where "people would buy into it" "without losing the hearts and minds of the employees" ie.
it took time to "condition" you to accept that what they were manipulating and doing was acceptable.
They knew about the multiple compensation and rule cuts, and the liquidated pensions, up front.
It will be no different this time around.
They'll pull out terms like "competing with LCC's", "oil instability", "world events" and "changed environment"
to get you to believe your compensation/work rules should be less than what you think they should be.
Bottom line, it will take an industry leading contract in pay, work rules and scope to employ our professional pilot services.
It's their responsibility to manage how to finance that, not ours.
Anyone who doesn't stand up for this during the current merger opportunity
has zero room to complain about compensation/work rules/scope going forward.
We will get industry leading if we stand up for it. My strike reserve is funded.
#8
(retired)
Joined APC: Apr 2011
Position: Old, retired, healthy, debt-free, liquid
Posts: 422
This video is really "old news" for any long-time observer/participant in the industry.
However, there is a degree of mildly humorous irony...with the exception of American, all "legacy" carriers have now participated in a deregulation/expectation restructuring BK during the last ten years...nearly 30 years after Continental went through the first one. The CAL people have had 30 years to adapt, the UA people are still "shell-shocked." That feeling does fade over time.
However, there is a degree of mildly humorous irony...with the exception of American, all "legacy" carriers have now participated in a deregulation/expectation restructuring BK during the last ten years...nearly 30 years after Continental went through the first one. The CAL people have had 30 years to adapt, the UA people are still "shell-shocked." That feeling does fade over time.
#9
Gets Weekends Off
Joined APC: Nov 2010
Posts: 3,071
This video is really "old news" for any long-time observer/participant in the industry.
However, there is a degree of mildly humorous irony...with the exception of American, all "legacy" carriers have now participated in a deregulation/expectation restructuring BK during the last ten years...nearly 30 years after Continental went through the first one. The CAL people have had 30 years to adapt, the UA people are still "shell-shocked." That feeling does fade over time.
However, there is a degree of mildly humorous irony...with the exception of American, all "legacy" carriers have now participated in a deregulation/expectation restructuring BK during the last ten years...nearly 30 years after Continental went through the first one. The CAL people have had 30 years to adapt, the UA people are still "shell-shocked." That feeling does fade over time.
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