Us Airways Moving To Alabama

gso-crew

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Jul 23, 2004
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Bonner has $240,000,000 invested in US Airways .... he has another $200,000,000 invested in it's new headquarters in Mobile! Here are some clips I put togeter .... what do you think. I say everything ends up in Mobile....


RSA's investment has paid dividends in Alabama, Bronner said. US Airways sent about a dozen of its Airbus jets to Mobile's Brookley Field for $10 million worth of heavy maintenance work at ST Mobile Aerospace Engineering Inc.

"Just think about the number of services and products that a company of this size buys in an average year. It's huge," he said. "There's tons of things that, if we can just stabilize it and get it into the black, we can introduce Alabama companies to and say, 'OK, you're gonna have to bid for it, but if you can give us a comparable product at a comparable price, then you'll get a shot,'" he said.

Bronner openly expressed a desire to move airline operations, including call centers and other back-office work, to Alabama and suggested that US Airways or one of its regional offices would make a fine anchor tenant in his RSA Tower now under construction in downtown Mobile.

There's also a chance he could sway Bombardier Inc., a Montreal-based aircraft manufacturer, into building airplanes in Alabama. The world's third-largest maker of civil aircraft counts US Airways as its biggest customer and recently announced that it was evaluating global sites for a new assembly plant.

"When you own a major airline in this country, people answer your phone calls," Bronner said. "It's opened doors that never would have existed for us otherwise, and it absolutely has made us a lot of new friends around the world."

RSA in the last few years has increased its holdings in Mobile, and the city in turn has invested in RSA.

The retirement system's largest project is the RSA Tower, set to be the Alabama's tallest building, which is under construction one block north of the parking deck. The Battle House Hotel, being renovated by RSA, will connect to the office building.

AREH is building the cruise ship terminal at Mobile Landing. Carnival Cruise Lines is set to begin cruises from there in October.

At a council meeting last week, when the (RSA TOWER) parking deck lease first appeared on the agenda, one resident asked if Mobile should change its name to "Bronnerville."

"We have a very strong partner in RSA and AREH," Mr. Dow said Friday. "They are us; they are not them, OK. And that strong partner has got over $200 million invested in two hotels, an office tower and cruise ship dock. ... And we're going to quibble over a parking deck?"
 
OldGuyinPA said:
What drugs are you guys smokin................

It's over.
[post="171674"][/post]​

maybe it's over......maybe not.......now..for an old guy in pa, what drugs are you smoking?
 
Some more clips…… More insight how Bronner makes things happen

Perhaps nowhere, however, has Bronner's po tent combination of money and ideas been more focused than it is now in downtown Mobile. There, in a few square blocks on the west bank of the Mobile River, he's spending more than $200 million to rebuild the downtown skyline. RSA's projects include:

Construction of the $110 million, 35-story RSA Tower, the state's tallest building, now underway at the corner of Royal and St. Louis streets and sched uled for completion in mid-2006.

Renovation of the historic Battle House Hotel, a Mobile landmark that has been vacant since 1974. The $52 million project, located adjacent to the RSA Tower, will create 250 first-class hotel rooms and is scheduled to be open by fall 2005.

The $11.8 million purchase of the Riverview Plaza Hotel, formerly known as the Adam's Mark, and a $17 million project to upgrade the 377-room hotel.

Construction of a $20 million cruise ship terminal on the Mobile River, scheduled for completion in time for the Oct. 16 debut of Carnival Corp.'s cruise ship Holiday. RSA is spending $5 million to advertise the 4- and 5-day cruises.

There's more. This week, Mayor Mike Dow confirmed that Bronner is negotiating with the city to take over management of the Arthur R. Outlaw
Mobile Convention Center, and said that the pension fund may be interested in bankrolling a renovation and expansion of the 40-year-old Mobile Civic Center.

Bronner, whose compensation from RSA was $308,000 last year, said he envisions Mobile as a tourist Mecca powered by the cruise industry. He said he's working hard to make Mobile a permanent home port -- Carnival has committed to just a year's worth of cruises -- and that developing the downtown area will be crucial to any long-term benefits.

"There's almost no limit to the kind of success we can have in Mobile, if we handle it right," he said. His hotel properties, including The Grand Hotel, a 450-room resort in Point Clear, give him a unique opportunity to recruit national conventions and other major events to the city.

"We'll have a premiere hotel in the Battle House, and now with the (Riverview Plaza) we'll be able to offer a quality, second-level brand," he said. "Now we can go after a major conference that needs 500 to 600 rooms, and we don't have to get together with our competitor and say, 'How many guests are you going to take, how many guests are we going to take?' "Instead, we have one package where we can say, 'OK, here's the convention facility, and here's two choices of hotels, and oh, by the way, we've got this wonderful resort across the bay.' It's just an incredibly unique opportunity."

RSA, he said, must be allowed to participate in the convention-booking process if the city is going to fully capitalize on his hotel investments.

Yet the mayor has been forced to defend the city's increasingly intertwined relationship with RSA. Dow was asked at a recent council meeting if Mobile should change its name to "Bronnerville."

Bronner has little tolerance for critics.

"Some people will never get what you're trying to accomplish. Even after you're done, it takes them years to figure out, 'Oh, that's what that was all about,'" he said. "But if you wait to try and convince everybody, you'll never get anything done."

Next week: Bronner addresses the financial troubles at US Airways and the risk for RSA's $260 million investment in the airline.

These clips are from a Aug 8th story, so he has made his US Airways address....
 
OldGuyinPA said:
pretty much in denial...eh
remember when a lid was $8.00. Betcha you don't.
Point, Set and Match.......................
[post="171678"][/post]​



do you remember?

now get back on topic old fellow!
 
Assumptions...Easy to make, but almost always wrong.


If..... I had worked for USAir...ways for 28 years, I think I might have a right to be a bit negative. Oh well, soon it won't matter.