Originally Posted by
BMEP100
LOL! you were in the room for that conversation with Glenn?
Funny, the insiders in the Wall Street Journal had a different take altogether on that US AIR deal.
IF there is any truth to your story, it is only because Smisek knew the CAL mgt would bail rather than do it and this was his only chance to sit in the big chair. Shows the kind of guy he is.
Larry Kellner told me personally he refused to do the deal because it was not a good deal and offered his resignation.
I saw him two years later and he said he was glad he left, but felt bad for the friends he left behind.
It's water under the bridge now anyway- some, like divorced wives can't let go. They are too fat and ugly to get picked up.
We can argue how we got here all day. You are right, it is water under the bridge now. What is undeniable though is that since the merger, UAL Management has made decisions that have alienated customers in ways that NEITHER company did before the merger. Both CAL and UAL, despite their respective Chapter 11 events, did find ways to take care of their best customers. Since the merger, UAL has left many of them feeling alienated. I believe our now departed CFO was even quoted as calling them "over entitled." The result is predictable.
http://www.nytimes.com/2015/09/15/bu...eep-climb.html