Biggest Regret Is Watching Employees Suffer Th

[calibrator]

Painful memories: Siegel acknowledges suffering caused by moves to save airline
Wednesday, April 27, 2005

By Dan Fitzpatrick, Pittsburgh Post-Gazette

David Siegel's worst moment at US Airways came April 19, 2004 -- the day chairman David Bronner asked him to resign.



Article

 

[RumorS]

His biggest regret is watching employees suffer through pain and hardship. "You can step back and say casually that this is the way the world works," but "it is really tough, very painful."

Then give back the 4.7 million! :down: :down:

 

[libertybell]

Siegel, in the end, said he does not expect "any sympathy" but noted that "we all made our relative sacrifices" and emphasized that "I tried my best" to keep US Airways alive.


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Sacrifice? Millions of dollars stuffed into to his pocket when he left......


If he is losing sleep after screwing so many peoples lives mabe he should go hang out with Jane Fonda because he will never be forgiven by the majority of unemployed, bankrupt, divorced and ruined lives.

He deserves the same treatment Jane got at a recent book signing!

 

[delldude]

such a moving article from a sage in the business....i'm deeply moved at his compassion.

 

[EyeInTheSky]

Siegel, in the end, said he does not expect "any sympathy" but noted that "we all made our relative sacrifices" and emphasized that "I tried my best" to keep US Airways alive.
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Sacrifice? Millions of dollars stuffed into to his pocket when he left......
If he is losing sleep after screwing so many peoples lives mabe he should go hang out with Jane Fonda because he will never be forgiven by the majority of unemployed, bankrupt, divorced and ruined lives.

He deserves the same treatment Jane got at a recent book signing!

[post="264957"][/post]​

Why did you have to bring Jane into this? 😛 Siegel is a competitive man. While I am sure he has regrets and sympathy towards the employees (as he should) the article is more about a man's ego than anything else. Executive level managers are a breed amongst themselves. They hate to lose, and to have it done publically as Siegel did is humiliating. I am sure he thought he did the best he could. In the beginning, he seemed to have a good raport with the employees and seemed genuine in his quest to make the company better. But, when you break many promises you cannot expect support. In the end, Dave Siegel only has himself to blame.

 

[whatkindoffreshhell]

Then give back the 4.7 million! :down: :down:

[post="264941"][/post]​

Would any USAir employee (including Stephen Wolf, remember him??) voluntarily return any portion of their rich pay package from the fat-n-happy days?

Or would you just leave the company? That is the choice.

 

[aerosmith]

I have zero sympathy for this a$$. I can deal with the pay and benefit cuts (although I don't like them). But this man and I use that term loosely literally stole the IAM's airbus work. Whats worse yet this decision was backed up by republican slanted courts. :down: :down: :down:

 

[robbedagain]

if he truly had any sympathies for the employees (those that left on the property ) then he can show it by giving back every one penny of his 4.7 plus million back to usair. otherwise i dont believe he pitties the employees. it is also interesting to know he helped get douglas parker to the helm of amw

 

[Winglet]

I only applicable word that applies to Siegel is unpublishable on the website and it starts with a "P" and ends with a "K".

This interview sounds like the one with Don from the airline-wrecking Carty family.

 

[USA320Pilot]

The column said that Siegel had conversations with "United regarding consolidation", aka the UCT & ICT.

Now it seems as if US Airways has "spurned" United's recent offer, most likely for third party investor to fund another corporate transaction, and the Arlington-based company has selected America West instead.

Regards,

USA320Pilot

 

[FlyUs]

The column said that Siegel had conversations with "United regarding consolidation", aka the UCT & ICT.

Now it seems as if US Airways has "spurned" United's recent offer, most likely for third party investor to fund another corporate transaction, and the Arlington-based company has selected America West instead.

Regards,

USA320Pilot

[post="265014"][/post]​

Any reason why US would "spurn" and offer from UA?

 

[phllax]

I wonder how big a shovel was needed after the interview was finished to haul it all away?

 

[javaboy]

from the article..........."They still followed my plan," Siegel said in his first in-depth public comments since leaving last year.....................



you plan worked so good a 2nd bankrupcty was its result, yet claims "he was right"

him and Alfred (i saved the american people billions in airfare therefore that is the only way to determine if deregulation was a success) Kahn


harvard should ask for their degree back

 

[767jetz]

The column said that Siegel had conversations with "United regarding consolidation", aka the UCT & ICT.

Now it seems as if US Airways has "spurned" United's recent offer, most likely for third party investor to fund another corporate transaction, and the Arlington-based company has selected America West instead.

Regards,

USA320Pilot

[post="265014"][/post]​

I knew you'd chirp in on this with some spin. You are really full of yourself, sparky! Still desperately trying to justify your past speculations, huh?

Let's all review a few sentences from the interview, shall we?...

"US Airways executives, started the conversations with Phoenix-based America West as long as 18 months ago and also had conversations with Chicago-based United Airlines..."

"Siegel declined to discuss any conversations he had with other airlines."

"But in January 2004... he acknowledged hiring investment bank Morgan Stanley to explore potential asset sales. (767jetz adds: Not Purchases)..."



USA320's spin: This obviously proves that US wanted to buy UA assets, move westward, and be the surviving airline while taking over United's name for market recognition ala ValueJet, allowing US pilots (former UA pilots) to keep their date-of-hire and assume their rightful widebody positions, while simultaneously thwarting the evil and greedy UA pilot's plan to bypass ALPA Merger Policy and attain super-seniority. Additionally it proves that UA is unable to articulate a viable business plan, is unable to find exit financing, will miss their DIP covenants, will be unable to resolve the Municipal bond issues, the ACA going Independence issue, and the Air Wisconsin Issue.

Reality: US had conversations with anyone who would listen, including America West and United. (Why didn't you mention America West 18 months ago?)

Seigel will not comment about those conversations, confirming nothing at all except that those conversations included potential asset sales. So the conversations between the business partners could have went something like this...

"We (US) are in deep trouble. Since you have actual banks lined up and we don't, anyway you could ask for some more money and then buy our assets?" Answer: NO. "Well, just thought I'd ask."

There you have it. A conversation! And as for other "strategic alternatives," US didn't want to be the awkward teenager who goes home disappointed, which implies a sense of desperation, not domination.

Now, go ahead and send me another PM calling me a liar. Everyone here knows the truth about you.

The fact is that no matter what you speculated in the past, I told you it wasn't going to happen and it didn't. And you still can't stand nor admit to the fact that we were right and you were wrong, time and time again. 😛

 

[AAviator]

I can't understand how this guy can slam his unit in the door soooo many times, and continue to post here.