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Wed, Mar 15, 2006

Aero-News Quote Of The Day (03.15.06)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"It shows a step in the right direction in terms of at least one management person sharing some of the pain that the US Airways Group employees have gone through over the past few years."

Source: Mike Flores, president of the Master Executive Council for the Association of Flight Attendants for US Airways, on the news US Airways CEO W. Douglas Parker refused to accept a $770,000 bonus he earned as chairman of America West Airlines, now merged with the carrier. Parker told Flores he wouldn't accept his bonus since the newly-merged US Airways has yet to turn a profit -- and employees haven't been able to benefit yet from a new profit-sharing plan. Parker's move is a rare sign of altruism not commonly seen among the airlines; in fact, it's not even seen among other managers at US Airways, many of whom took their own bonuses without reservation.

FMI: www.usairways.com

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