US Airways stock at $4.44 a share.

[SolidCactus]

The low stock price doesn't matter so much. It matters most to the majority shareholders, who are generally institutional and mutual fund holders. Also, corporate executive management also generally holds a lot of shares.

http://finance.yahoo.com/q/mh?s=LCC

It can matter in terms of a takeover, but with fuel the way it is now, and the uncertainty of our economy, I believe anyone out there with billions to invest in a company, probably isn't looking to take over an airline... The lower the stock price gets, the easier it would become for a takeover... But the aviation industry is probably one of the most "energy sensitive" sectors... I don't think you're going to see Microsoft want to buy an airline anytime soon.

The truth is, if fuel were to come down rapidly, you could make a fortune on airline stocks right now. IF the management turns the company profitable quickly even with the economy the way it is, you could make a fortune quickly. It is really a gamble.

I have never worked for US, but as unpopular as your management team is with the employees, I doubt they want the company to fail - they OWN a LOT of it. I am a CEO. Granted - my company is much smaller, I have 165 people underneath me, but I'm sure I am unpopular with some people who work for my company... I know how much I care for my employees... AND my company.

One thing I can tell you is that I work 7 days a week, 12 hours a day minimum, and I'm sure Doug does too. Doug is responsible for the livelyhood of 35,000 people. As unpopular as he is with many who work for US, he will ultimately take the fall for whatever goes down. His job comes with a huge amount of responsibilities.

Dont get me wrong. He chose his career. I chose my career. We have to deal with the crap that comes along with it... I just don't think that after you all have been through that executive management is out there purposely trying to run the company into the ground.

The US employees need to do the best they can with the cards they were dealt. Nobody knows where we will be one year from today. All you can do is try to come together as a team, and work together for a common goal. That goal is profitability. If the company can't find a way to become profitable, everyone will lose their jobs...

This NEW economy sucks for all of us... ALL of us...

 

[Dog Wonder]

Bet on Doug, bet on the Powerball.

Odds are better, but pretty bad, on the Powerball.

 

[4merresrat]

I have never worked for US, but as unpopular as your management team is with the employees, I doubt they want the company to fail - they OWN a LOT of it. I am a CEO. Granted - my company is much smaller, I have 165 people underneath me, but I'm sure I am unpopular with some people who work for my company... I know how much I care for my employees... AND my company.

One thing I can tell you is that I work 7 days a week, 12 hours a day minimum, and I'm sure Doug does too. Doug is responsible for the livelyhood of 35,000 people. As unpopular as he is with many who work for US, he will ultimately take the fall for whatever goes down. His job comes with a huge amount of responsibilities.

Dont get me wrong. He chose his career. I chose my career. We have to deal with the crap that comes along with it... I just don't think that after you all have been through that executive management is out there purposely trying to run the company into the ground.

The US employees need to do the best they can with the cards they were dealt. Nobody knows where we will be one year from today. All you can do is try to come together as a team, and work together for a common goal. That goal is profitability. If the company can't find a way to become profitable, everyone will lose their jobs...

This NEW economy sucks for all of us... ALL of us...

Very nice post. Well said.

 

[SolidCactus]

Very nice post. Well said.

Thanks 🙂 It is what it is... The best we can all do is to go to work everyday and do our best, and try like hell to keep what we all have alive - our jobs, our families, our friends. This economy is falling apart. I personally think it is a lot worse than the media is reporting. Since they're too busy chasing Obama and Clinton around, they can't focus on anything else. Maybe it is a good thing tho. A blessing in disguise. I don't think America needs to be reminded about the past now. We need to focus on the future.

I can see it from a different perspective. I see once successful businesses with good payment histories not paying on time. I know the financial problems my own company is having. Money was once extremely easy to borrow. It isn't now. It is a whole new world out there. Those who fail to adapt quickly are going to suffer their own demise. Those who can adapt quickly stand to make large profits.

It is time to put the past behind us and focus on the future...

 

[sharktooth]

.... I have 165 people underneath me, ....

I can see why some might be uncomfortable working for you ..... What do you think would happen if you were to change your thinking to, say, "I am responsible for 165 people" or "165 people join me in my venture"? I would be willing to bet that once the employees think that they are (not equal, but) partners, you will find a giant jump in productivity. Just wondering.

 

[4merresrat]

I can see why some might be uncomfortable working for you ..... What do you think would happen if you were to change your thinking to, say, "I am responsible for 165 people" or "165 people join me in my venture"? I would be willing to bet that once the employees think that they are (not equal, but) partners, you will find a giant jump in productivity. Just wondering.

Wow. I don't think I would want to work for you, sharktooth. The poster sounds like a responsible and caring employer. There is a great responsibility in owning a company and employing workers. Nothing was stated that they weren't thought of as equal.

 

[kicked2curb]

The low stock price doesn't matter so much. It matters most to the majority shareholders, who are generally institutional and mutual fund holders. Also, corporate executive management also generally holds a lot of shares.

http://finance.yahoo.com/q/mh?s=LCC

It can matter in terms of a takeover, but with fuel the way it is now, and the uncertainty of our economy, I believe anyone out there with billions to invest in a company, probably isn't looking to take over an airline... The lower the stock price gets, the easier it would become for a takeover... But the aviation industry is probably one of the most "energy sensitive" sectors... I don't think you're going to see Microsoft want to buy an airline anytime soon.

The truth is, if fuel were to come down rapidly, you could make a fortune on airline stocks right now. IF the management turns the company profitable quickly even with the economy the way it is, you could make a fortune quickly. It is really a gamble.

I have never worked for US, but as unpopular as your management team is with the employees, I doubt they want the company to fail - they OWN a LOT of it. I am a CEO. Granted - my company is much smaller, I have 165 people underneath me, but I'm sure I am unpopular with some people who work for my company... I know how much I care for my employees... AND my company.

One thing I can tell you is that I work 7 days a week, 12 hours a day minimum, and I'm sure Doug does too. Doug is responsible for the livelyhood of 35,000 people. As unpopular as he is with many who work for US, he will ultimately take the fall for whatever goes down. His job comes with a huge amount of responsibilities.

Dont get me wrong. He chose his career. I chose my career. We have to deal with the crap that comes along with it... I just don't think that after you all have been through that executive management is out there purposely trying to run the company into the ground.

The US employees need to do the best they can with the cards they were dealt. Nobody knows where we will be one year from today. All you can do is try to come together as a team, and work together for a common goal. That goal is profitability. If the company can't find a way to become profitable, everyone will lose their jobs...

This NEW economy sucks for all of us... ALL of us...

There is no accountability or stigma for uppermanagment if US Airways fails or succeeds, either scenario they will walk away with their bank accounts enriched. and they wind up at another airline or company to once again " utilize their talent". They don't give a passing thought to the employees affected by their decisions.

 

[4merresrat]

There is no accountability or stigma for uppermanagment if US Airways fails or succeeds, either scenario they will walk away with their bank accounts enriched. and they wind up at another airline or company to once again " utilize their talent". They don't give a passing thought to the employees affected by their decisions.

It seems like you are blinded (like many of your co-workers) by, I don't know what, hate, fear, anger? There is accountability on many levels. Do you know these men personally? I venture the answer is no. So how do you know that they don't give a passing thought regarding how their actions affect employees?

 

[SolidCactus]

I can see why some might be uncomfortable working for you ..... What do you think would happen if you were to change your thinking to, say, "I am responsible for 165 people" or "165 people join me in my venture"? I would be willing to bet that once the employees think that they are (not equal, but) partners, you will find a giant jump in productivity. Just wondering.

Ok, I see how that could have been perceived as condescending... I only meant it as a reference. How about, I am responsible for the livelyhood of 165 team members, and their families...

Our company is awesome and I'm proud of it. In 2006, we were the 22nd best company in PA to work for. In 2007, we were 11th.

http://www.bestplacestoworkinpa.com/bestplaces.asp

There were 300,000 companies up for nomination.

I hope we do better in 2008 but I'm afraid we wont. We've had to take a few things away from our employees this year because we began to become unprofitable. I only hope that we can give back the concessions as soon as we fix our profitability issues...

The employees come FIRST... ALWAYS come first...

 

[4merresrat]

Today the stock closed below four dollars. Is this a yearly low?

 

[sharktooth]

Wow. I don't think I would want to work for you, sharktooth. The poster sounds like a responsible and caring employer. There is a great responsibility in owning a company and employing workers. Nothing was stated that they weren't thought of as equal.

So, you would be okay with someone describing you as "underneath" someone?

'kay.

 

[sharktooth]

Ok, I see how that could have been perceived as condescending... I only meant it as a reference. How about, I am responsible for the livelyhood of 165 team members, and their families...

Our company is awesome and I'm proud of it. In 2006, we were the 22nd best company in PA to work for. In 2007, we were 11th.

http://www.bestplacestoworkinpa.com/bestplaces.asp

There were 300,000 companies up for nomination.

I hope we do better in 2008 but I'm afraid we wont. We've had to take a few things away from our employees this year because we began to become unprofitable. I only hope that we can give back the concessions as soon as we fix our profitability issues...

The employees come FIRST... ALWAYS come first...

Cool enough. You did post quite late at night.

 

[sharktooth]

Today the stock closed below four dollars. Is this a yearly low?

$3.96 and yes. Don't know about after hours trading.

 

[28L_or_10R?]

Today the stock closed below four dollars. Is this a yearly low?

Closed at $3.96 which is the lowest it has been in 52 weeks. Up $0.07 after hours.

 

[BoeingBoy]

Not just a 52 week low - an all-time low for LCC. An AWA shareholder who had their shares convert to LCC at the merger and still has the LCC stock has seen the value of their holding plummet nearly 50%.

Jim