"Jim Knoyle" wrote in message
...

"Matt Barrow" wrote in message
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"Jim Knoyle" wrote in message
...

"Matt Barrow" wrote in message
...


Look further and you will find a once great airline that was more or
less
taken over by hotel people and run into the ground.
Also notice that huge (then) golden parachute that one CEO got
when they let him go.
Also notice how they raided the IAM employees overfunded
pension fund for cash to buy another hotel chain.
...and on and on and on.

Proctor and Gamble runs airlines and hotel chains?


For Christ sake, the subject is (was) UAL!
Pay attention. But thanks anyway for the good lead in
to something that has had me ****ed for over 20 years.

Pay attention yourself; the issue under discussion is HOW the situation
came about.

From where I stood, right there on the front line, 'HOW' began
when the hotel people saw a cash cow and took over UAL. When
one of the upper hotel types referred to us mechanics as "overpaid
bellhops," it sure didn't help. My neighbor, a service writer for a
car dealership, had a lot more take home pay than I. I suppose
the satisfaction from being able to maintain and certify a DC-10
for a pea soup fog landing at SFO was supposed to cover the
difference. ( In a way, it did. I sure loved that job. )

I imagine a person with this talent could demand quite a good salary. This
person would not need a union he could make more money on his own.

Do you suppose that the overfunded IAM pension fund, if left
to draw intrest, would be in much better shape today instead of
being ripped off to buy the Sheraton Hotels and put into the
shape it is? The ESOP buyout was intended to save an airline
that was on a downward spiral. Too bad it didn't work.
I guess when the U logo morphed into a WI it was too late.

If you can't handle abstractions (that decidedly and distinctive human
characteristic) then start a sub-thread.

PKB You've gone and appointed yourself net-nanny? The thread
that Orval started was practically addressed to me, a 27 yr UAL vet.
I've been glued to it since and only your appropriate post about
home-grown management prompted me to post a comparison to
the airline, almost as old as soap (P&G).
I have no idea why you got that burr under your saddle.

Also, how long has it been since the union owned UAL?

I suppose you mean back when they started giving us ESOP
stock instead of COL payraises. Want to buy mine?
'taint worth much.