ARE PEANUTS NO LONGER ENOUGH? & SCRUTINIZING SIEGEL: CEO OF AILING U.S

Joshua949

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From The New York Times
---ARE PEANUTS NO LONGER ENOUGH?---
No-frills efficiency, cheap seats and a few laughs thrown in have always been the hallmark of Southwest. This formula propelled the airline to consistent profitability, even as bigger airlines stumbled and smaller ones sputtered and spun out of business. But lately, the grins have begun to fade. The low-fare market that Southwest once dominated has become mighty crowded. A whole crop of low-fare airlines, from JetBlue to Ted, is offering cheap tickets as well as frills like trendy cocktails that are very un-Southwest. At the same time, traditional airlines are reducing fares and offering premiums to attract bargain hunters. "Entire divisions of airlines have been amassed to do battle with Southwest," said Gary C. Kelly, its chief financial officer.

From The Pittsburgh Post-Gazette
---SCRUTINIZING SIEGEL: CEO OF AILING U.S. AIRWAYS---
Could David Siegel's days be numbered at US Airways? The airline's chief executive officer is 3 ½ weeks from being able to walk away from the carrier for any reason and collect $4.5 million in severance pay. This window, built into his contract during bankruptcy last year, is available for only 30 days, starting April 1. Siegel maintains he is not going anywhere in April -- at least voluntarily.
 
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