Originally Posted by
ElonMusk
This was not an operational error as much as a strategic error. The operation worked exactly as it was intended, in 1998. The strategic error was caused by GK and the BOD not doing their job and making sure the company had the tools needed to work in todays environment. GK and BOD treated this place like a piggy bank, with the stock buybacks and not investing in the operation for decades. It’s time they realize it was not their piggy bank to rob. The entire BOD needs to be let go. You start with GK and move down the line. Bob is a puppet, has always been a puppet (though on CNBC he actually did better than I expected). Anyway Bob goes in next 12 months. Andrew keeps his job as I feel he was a network guy before being moved up into the C suite. Anyone tied to GK needs to be shown the door. CK needs to be shown the door…why cause I am vindictive, that’s why.
On a side note today SWAPA should have piled it on them. A WSJ full page talking about the loss and the shareholder suit ongoing. Just hammer them on the financials….it’s time to break some eggs SWAPA.
Bob and Andrew ain't going anywhere. The stock is up almost 9% since the meltdown and SWA just cut a check for 400 million in dividend's to share holders. They got beat up pretty bad yesterday through interviews and analysts CC. Just to refresh some memories here when GK became CEO, guess who was Chairman? This crap goes all the way back to Herb. Pure and simple. GK philosophies on airline operations have never been is thing. Parker, Kelly and now Jordan all were mentored under Herb. So you can guess what concerns them is not that far from what Herb instilled in them decades ago.