Crzipilot
Veteran
- Mar 23, 2004
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US Airways, in its latest effort to cut costs under bankruptcy protection, is stripping former executives and board members of their ability to travel free in first class, the airline said yesterday.
The move affects about 200 people, including the former chief executive, David N. Siegel, who resigned in April, and his predecessor, Stephen M. Wolf, who left in 2002.
The group was notified of the change in a letter from the airline's chief executive, Bruce R. Lakefield, which was mailed on Wednesday. Current board members and senior executives are not affected by the change.
The former executives and directors will still be able to fly free in coach, when space is available. But, they will have to give up those seats if a flight is oversold, meaning that the men and women who once handled the airline's most critical decisions can now be bumped for paying passengers.
The move affects about 200 people, including the former chief executive, David N. Siegel, who resigned in April, and his predecessor, Stephen M. Wolf, who left in 2002.
The group was notified of the change in a letter from the airline's chief executive, Bruce R. Lakefield, which was mailed on Wednesday. Current board members and senior executives are not affected by the change.
The former executives and directors will still be able to fly free in coach, when space is available. But, they will have to give up those seats if a flight is oversold, meaning that the men and women who once handled the airline's most critical decisions can now be bumped for paying passengers.