"sfb" wrote in message news:P%BYe.4227$yN1.407@trnddc03...
UAL sold off The Hertz Corporation, Westin Hotels, and Hilton
International Hotels in 1988. It is a bit of a stretch to believe that
raiding the United cash cow 17 years ago is the singular cause of the
current fate of United.

A "stretch" is all they have for making childish excuses.



"Jim Knoyle" wrote in message
news:WKBYe.68943

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. )

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.