EricLv2Fish
Veteran
- Aug 25, 2005
- 1,171
- 5
This is great news from AWA Compass Website!
The airline’s Board of Directors recently approved payouts for eligible employees under America West’s 2005 Annual Incentive Program. As part of that program, the Board awarded Doug a 2005 cash incentive payment of $770,000, which he declined. As part of this same program, eligible former America West employees at grades 23 and above will receive payouts. Details of individual payments will be available from your direct supervisor early next week.
America West’s 2005 Results
America West Airlines produced exceptional results in a very difficult environment in 2005. The Company produced a modest operating profit, excluding special items, in 2005, making it one of a select group of airlines to do so. The combined new management team successfully negotiated and completed the merger, raising more equity than any airline transaction in history and dramatically increasing the viability of both America West and US Airways. America West shareholders, using an LCC equivalent at the beginning of 2005, realized a 132 percent return during the year, the highest of any major US airline.
Day by Day we are turning people away from the darkside. May the force be with us!
Fear No Fish, G-Loomis here I come baby!
The airline’s Board of Directors recently approved payouts for eligible employees under America West’s 2005 Annual Incentive Program. As part of that program, the Board awarded Doug a 2005 cash incentive payment of $770,000, which he declined. As part of this same program, eligible former America West employees at grades 23 and above will receive payouts. Details of individual payments will be available from your direct supervisor early next week.
America West’s 2005 Results
America West Airlines produced exceptional results in a very difficult environment in 2005. The Company produced a modest operating profit, excluding special items, in 2005, making it one of a select group of airlines to do so. The combined new management team successfully negotiated and completed the merger, raising more equity than any airline transaction in history and dramatically increasing the viability of both America West and US Airways. America West shareholders, using an LCC equivalent at the beginning of 2005, realized a 132 percent return during the year, the highest of any major US airline.
Day by Day we are turning people away from the darkside. May the force be with us!
Fear No Fish, G-Loomis here I come baby!