Originally Posted by
Bluediver
Sadly I think you summed up “plan B” here pretty well.
The place has been terribly mismanaged. I think Joanna has this year to turn things around. She's on a short leash, and I'm sure she knows it. Icahn isn't gonna let his investment get squandered by incompetent leadership and mismanagement. As soon as he wants to enact change, he'll out maneuver the BOD and put his own people in charge. The 15% and 2 seats was just to calm everyone down initially. If the place does turn around and he triples his investment, he may sit back and honor those commitments; however, if he doesn't like what he sees, he's not just gonna sit back and do nothing. What that means for us pilots, who knows.