Don Carty is back!!
#1
Don Carty is back!!
Virgin America Names Donald Carty Chairman
NEW YORK -(Dow Jones)- Virgin Group Ltd. (VGN.YY) named Donald J. Carty chairman of the company's airline start-up, Virgin America Inc.
In a press release Monday, Virgin America said Carty, 59 years old, served as AMR Corp.'s (AMR) chairman and chief executive from 1998 to April 2003.
Carty's appointment to Virgin America was made by VAI Partners LLC, an investment group funded by U.S. investment firms Black Canyon Capital and Cyrus Capital Partners.
AMR agreed to become an investor in VAI Partners, which owns 75% of Virgin America's equity. Virgin America plans to launch flights in the U.S. this year.
Company Web site: http://www.virginamerica.com
NEW YORK -(Dow Jones)- Virgin Group Ltd. (VGN.YY) named Donald J. Carty chairman of the company's airline start-up, Virgin America Inc.
In a press release Monday, Virgin America said Carty, 59 years old, served as AMR Corp.'s (AMR) chairman and chief executive from 1998 to April 2003.
Carty's appointment to Virgin America was made by VAI Partners LLC, an investment group funded by U.S. investment firms Black Canyon Capital and Cyrus Capital Partners.
AMR agreed to become an investor in VAI Partners, which owns 75% of Virgin America's equity. Virgin America plans to launch flights in the U.S. this year.
Company Web site: http://www.virginamerica.com
#4
Gets Weekends Off
Joined APC: May 2005
Position: CRJ-200 Captain
Posts: 170
I'll bet Carty is chomping at the bit with this chance to wreak havoc on his old carrier and employees.
I'm surprised Virgin Am. felt the need to hire damaged goods. Could anyone imagine Southwest hiring a stiff suit like him?
I'm surprised Virgin Am. felt the need to hire damaged goods. Could anyone imagine Southwest hiring a stiff suit like him?
#5
Gets Weekends Off
Joined APC: May 2005
Position: B777/CA retired
Posts: 1,482
C'mon, you guys! Don't you realize this is all about the Golden Parachute recycling center, where you can trade in that slightly tarnished Golden Parachute for a bright shiny new one, one that will be polished by all the eager new pilots who want to fly a 'bus for 50k.
#6
Gets Weekends Off
Joined APC: Nov 2005
Posts: 135
Originally Posted by RockBottom
Virgin America Names Donald Carty Chairman
.....AMR agreed to become an investor in VAI Partners, which owns 75% of Virgin America's equity. Virgin America plans to launch flights in the U.S. this year.
Company Web site: http://www.virginamerica.com
.....AMR agreed to become an investor in VAI Partners, which owns 75% of Virgin America's equity. Virgin America plans to launch flights in the U.S. this year.
Company Web site: http://www.virginamerica.com
#8
Originally Posted by cactusmike
C'mon, you guys! Don't you realize this is all about the Golden Parachute recycling center, where you can trade in that slightly tarnished Golden Parachute for a bright shiny new one, one that will be polished by all the eager new pilots who want to fly a 'bus for 50k.
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