Re: One ray of hope on this stormy day
Dave, I view this is a thinly veiled public relations move. It is painfully apparent to me that senior management is not up to the task operationally, and their remedial steps have no credibility with me. Airlines are fond of dishing out bad news incrementally (we have all experienced this at airports), and I fear there may be even more to the negatives than were in the press release (I hope for all GTE investors that I am wrong). The board is also responsible for their apparent lack of action here---how is it that they can endorse such generous compensation packages for such dreadful performance?