Originally Posted by
AxlF16
Not in the way you insinuate. Maybe the opening was caused by Oscar's inability to consolidate his 'power' while absent? The idea that nobody as been "running the store" is pure bs. Given the circumstances, Munoz and Hart have actually done a good job of pushing a new direction.
I DO blame Bethune and his hedge fund backers for this predatory attempt to rape UAL of its cash. Being as cynical as I am due to my 19 years at UAL I'm no fanboy of Munoz, but I'll bet my career that his strategic plans and vision for UAL are far better than these vultures will have. They want to extract as much cash as possible, as soon as possible, and will bail out if they overreach and we go south. Something about the goose and golden egg.....but they have a winning exit plan to boot.
I agree with most of your post, except
there was nobody running the store or we wouldn't be in this takeover position. Unfortunately, OM's plan and vision will never come to fruition if the outside group is successful in the Board takeover.
I don't know that we can give credit to Temp and OM for changing direction of the airline. For the most part that was the employees doing and their motivation was JS leaving.