Trust of management

[bestofboth]

Just for curiosity....but to both sides of the merge.
I know some people are opposed to this merge. Is it due to lack of trust in your management?? Or does it go beyond that?

 

[UWCactus]

Just for curiosity....but to both sides of the merge.
I know some people are opposed to this merge. Is it due to lack of trust in your management?? Or does it go beyond that?

For US East...it's probably a trust issue, just from past experiences. However, they must give Parker a chance and not hold their past experiences over his head until he has a chance to work. For the old America West...when Parker took over from Bill Franke, whom everyone disliked terribly!!...Parker was looked at with a suspicious eye for quite some time...rumors of "he's married to Franke niece" or "he's Franke's nephew" all surfaced...he didnt' have a chance with the Franke association. When 9/11 hit and the airline shut down for a few days, it was a critical time for America West...they didn't have the money to be idle, much like US East. The situation was already reaching critical stages before 9/11, and when 9/11 hit a lot of employees thought...."this is it, we don't have the money to make it through this". Thats employees looked to Parker for leadership and hope...hope that we would survive that terrible period of time. He went to the ATSB and got the money to keep HP afloat and things just got better from there. The America West employees began to trust him and give him a chance.

Its funny, how employees forget those scary moments...moments like "this is it, we're done" or "how are we going to make it through this". These are moments we think about our future, our kids, what we will do next, how to pay the bills if things go wrong. Both America West and US Airways employees have had these thoughts...scary. We soon forget about those moments and start acting as though everyone owes us this job. We simply takes things for granted. We need to survive....give Parker the chance...give his team a chance...trust them for now, until they really do something that betrays that trust, after all...they have a great deal of power over how the rest of us make it. We should be thankful that we all have had a 2nd and 3rd chance.

 

[Dog Wonder]

Are you a US "East" employee?

 

[LCC_#1]

For US East...it's probably a trust issue, just from past experiences. However, they must give Parker a chance and not hold their past experiences over his head until he has a chance to work. For the old America West...when Parker took over from Bill Franke, whom everyone disliked terribly!!...Parker was looked at with a suspicious eye for quite some time...rumors of "he's married to Franke niece" or "he's Franke's nephew" all surfaced...he didnt' have a chance with the Franke association. When 9/11 hit and the airline shut down for a few days, it was a critical time for America West...they didn't have the money to be idle, much like US East. The situation was already reaching critical stages before 9/11, and when 9/11 hit a lot of employees thought...."this is it, we don't have the money to make it through this". Thats employees looked to Parker for leadership and hope...hope that we would survive that terrible period of time. He went to the ATSB and got the money to keep HP afloat and things just got better from there. The America West employees began to trust him and give him a chance.

Its funny, how employees forget those scary moments...moments like "this is it, we're done" or "how are we going to make it through this". These are moments we think about our future, our kids, what we will do next, how to pay the bills if things go wrong. Both America West and US Airways employees have had these thoughts...scary. We soon forget about those moments and start acting as though everyone owes us this job. We simply takes things for granted. We need to survive....give Parker the chance...give his team a chance...trust them for now, until they really do something that betrays that trust, after all...they have a great deal of power over how the rest of us make it. We should be thankful that we all have had a 2nd and 3rd chance.

UW,

I want to believe in this man. I'm sorry, but this bonus thing really threw me as per my posting on another thread. That kind of thing happened all the time at US East. YES, I am distrustful, but STILL trying to be cautiously optomistic. Don't ask me how I can have such conflicting feelings.

 

[Awa Contract]

Do not trust Parker any further than you can spit backwards. Dougie looks out for Dougie and that is the bottom line.

 

[Dog Wonder]

Speaking only for myself.

Twenty years with US Airways has left a number of impressions. The most enduring one is things are not what management would like us to believe. There are always big deals going on that have nothing to do with me.

No amount of corporate cheerleading will convince me the interests of anyone but very few have been driving the decision making process.

What would convince me is good faith actions, not talk. not profit-sharing for concessions, and certainly not people telling me I should not have learned anything from experience. Showing, instead of talking about, a profit and sharing it in wages with all employees (even senior management) would go a long way to that end.

 

[speedbird86]

Speaking only for myself.

Twenty years with US Airways has left a number of impressions. The most enduring one is things are not what management would like us to believe. There are always big deals going on that have nothing to do with me.

No amount of corporate cheerleading will convince me the interests of anyone but very few have been driving the decision making process.

What would convince me is good faith actions, not talk. not profit-sharing for concessions, and certainly not people telling me I should not have learned anything from experience. Showing, instead of talking about, a profit and sharing it in wages with all employees (even senior management) would go a long way to that end.

 

[RowUnderDCA]

LCC is probably not done consolidating. If there are big deals afoot, they might have nothing to do with the operations of the current merged carrier. That's just my opinion, but LCC exec's can't and shouldn't bury their heads in the sand with regard to the continuing shifting shape of the industry. I'm sure that they wish that they could spend more time making new strategies that would be meaningful to the employees, but the truth is that you 'work in interesting airline industry times.'

Good luck to all.

 

[MOC A320]

Do not trust Parker any further than you can spit backwards. Dougie looks out for Dougie and that is the bottom line.

Then lets bring back Frankie in the west and in the east lets bring back Wolf.

 

[AIRWOMAN]

Then lets bring back Frankie in the west and in the east lets bring back Wolf.

Wouldn't that be something........Franke back in the west. Don't know about Wolf but I wouldn't imagine it was any good.

Time to start fresh, my thoughts. Expend all the energy in a POSITIVE way. Make your feelings known in the right manner and through the right channels.

 

[EricLv2Fish]

UW,

I want to believe in this man. I'm sorry, but this bonus thing really threw me as per my posting on another thread. That kind of thing happened all the time at US East. YES, I am distrustful, but STILL trying to be cautiously optomistic. Don't ask me how I can have such conflicting feelings.

Your feelings are understandable. The VP raise timing was certainely off. At least DP didn't take a raise for himself. As AWA CEO, most people I've encountered did think DP was a very good CEO. Granted they were not union folks, but most of the press releases concerning union opinions of DP were postive and upbeat for the most part. They were certainely not all negative. We are in a new era with new circumstances and the wait and see approach is a responsible one. If DP can recreate what we had at AWA, the new US Airways will be just fine.

 

[Dog Wonder]

From another thread.

"CEO Doug Parker, who already earns $550,000 annually
plus a bonus of between $440,000 and $880,000, received:
• 500,000 shares of America West stock at a purchase
price of $8.65. That stock, now converted to US Airways,
is worth $33.49 – a potential $12 million in profit.
• Appreciation rights for 196,000 shares for common stock
and 61,000 shares of restricted stock."

I guess it is not a raise if you can't spend it.

 

[EricLv2Fish]

From another thread.

"CEO Doug Parker, who already earns $550,000 annually
plus a bonus of between $440,000 and $880,000, received:
• 500,000 shares of America West stock at a purchase
price of $8.65. That stock, now converted to US Airways,
is worth $33.49 – a potential $12 million in profit.
• Appreciation rights for 196,000 shares for common stock
and 61,000 shares of restricted stock."

I guess it is not a raise if you can't spend it.

Well don't know if those are shares he can sell or not, but he definetly has a vested interest in the company doing well don't ya think? Many frontline employees have "made money" since the stock has gone up. That's a good thing don't ya think.

 

[Dog Wonder]

Well don't know if those are shares he can sell or not, but he definetly has a vested interest in the company doing well don't ya think? Many frontline employees have "made money" since the stock has gone up. That's a good thing don't ya think.

Twelve million dollars in stock given to, and spread out among, every employee who has a vested interest in the company, and they all do, would be a giant step forward in gaining good will.

Don't ya think?

 

[MOC A320]

From another thread.

"CEO Doug Parker, who already earns $550,000 annually
plus a bonus of between $440,000 and $880,000, received:
• 500,000 shares of America West stock at a purchase
price of $8.65. That stock, now converted to US Airways,
is worth $33.49 – a potential $12 million in profit.
• Appreciation rights for 196,000 shares for common stock
and 61,000 shares of restricted stock."

I guess it is not a raise if you can't spend it.

But that 500000 share is only = to .410 of the new US stock so the profit of of the sale would be a lot less than 12 mil. but still to much for a company that reported -87 mil