Siegel Out At US Airways | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.28.25

Airborne-NextGen-04.29.25

AirborneUnlimited-04.30.25

Airborne-Unlimited-05.01.25

AirborneUnlimited-05.02.25

Thu, Apr 01, 2004

Siegel Out At US Airways

"I Lost The Business In A Poker Game"

US Airways CEO David Siegel is reportedly out, apparently having lost control of the company in a high-stakes poker game.

The game reportedly took place at Washington's Potomac Club, involving the chiefs of several different airlines. Siegel told ANN he was playing draw poker with former American Airlines CEO Don Carty, Continental chief Gordon Bethune and NWA honcho Richard Anderson.

"I had a flush," Siegel moaned, sitting on a bench near the Washington Monument.

"A FLUSH, do you understand?"

The way Siegel tells it, Bethune folded. Anderson quit the game because he had a television interview scheduled later that day in Minneapolis, where he was to make his latest contract offer to union pilots.

Only Carty remained in the game, said Siegel. "I was just sure I had him. But I was out of money. So -- " Siegel paused as his breath caught in his throat " -- so I put up the airline."

To his utter horror, Siegel says that's when Carty laid down four aces, one of the few hands that could beat a flush.

"I knew he had an ace in there somewhere," Siegel sobbed.

"I just didn't know he had so many. It's almost as if he pulled them from his sleeve."

At that, Siegel sat perfectly still.

"Wait a minute. Hold on. Remember when Carty was negotiating with labor right before he was forced out? Remember the executive pension fund? I wonder..."

With that, the down-and-out CEO stood up and wandered away, swearing he would track down Carty if it was the last thing he ever did. "The sleeves," he muttered as he walked off, "I must look up his sleeves."

FMI: www.usairways.com

Advertisement

More News

NTSB Final Report: Cozy Cub

Witness Reported The Airplane Was Flying Low And Was In A Left Bank When It Struck The Power Line Analysis: The pilot was on final approach to land when the airplane collided with >[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

Classic Aero-TV: Seated On The Edge Of Forever -- A PPC's Bird's Eye View

From 2012 (YouTube Edition): A Segment Of The Sport Aviation World That Truly Lives "Low And Slow" Pity the life of ANN's Chief videographer, Nathan Cremisino... shoot the most exc>[...]

ANN's Daily Aero-Linx (04.29.25)

Aero Linx: International Business Aviation Council (IBAC) IBAC promotes the growth of business aviation, benefiting all sectors of its industry and in all regions of the world. As >[...]

ANN's Daily Aero-Term (04.29.25): Execute Missed Approach

Execute Missed Approach Instructions issued to a pilot making an instrument approach which means continue inbound to the missed approach point and execute the missed approach proce>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC