gonzo
Veteran
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- Oct 17, 2005
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In the 90's AWA was having serious trouble with cash flow. Ed and Mike (the founders of AWA) were giving a "state of the airline" speech at the hanger. All groups were there.
During the speech Mike made the statement that we will need to cut back on costs in order to survive. The majority of the crowd clapped and cheered. The next statement was that "bankruptcy is not in our vocabulary". The crowd cheered again, but it was much less of a cheering crowd, except a group of about 10 -15 people. This speech was given before there was a union for any of the groups, except for the pilots I believe.
The next statement was a shock to the majority of the group except the 10 -15 cheerleaders.
"We will need to cut back on jobs in order to make it through this tough time". Most of the mechanics were looking at each other saying "what did he just say?" and they were wondering why the group of 10 -15 people were cheering very loud and clapping. We all thought, "did they just hear what was said?"
Would you cheer if the CEO of the company told you that you would be losing your job?
Two days later AWA filed for bankruptcy. 🙂
During the speech Mike made the statement that we will need to cut back on costs in order to survive. The majority of the crowd clapped and cheered. The next statement was that "bankruptcy is not in our vocabulary". The crowd cheered again, but it was much less of a cheering crowd, except a group of about 10 -15 people. This speech was given before there was a union for any of the groups, except for the pilots I believe.
The next statement was a shock to the majority of the group except the 10 -15 cheerleaders.
"We will need to cut back on jobs in order to make it through this tough time". Most of the mechanics were looking at each other saying "what did he just say?" and they were wondering why the group of 10 -15 people were cheering very loud and clapping. We all thought, "did they just hear what was said?"
Would you cheer if the CEO of the company told you that you would be losing your job?
Two days later AWA filed for bankruptcy. 🙂