Loren C. Steffy's Blog, page 49
April 17, 2012
United Airlines’ CFO ejects, lands at Apple
Zane Rowe, who’s been chief financial officer of United Airlines since its merger with Continental Airlines, and who was Continental’s CFO two years before that, is leaving for a sales job at Apple. It could be a sign of ongoing struggles within the company to integrate the two airlines, or it could be a sign [...]
What I’m reading with my morning coffee | 4.17.12
Houston City Council rips study painting Hobby expansion as a boon. United may have left Houston, but it still has sway over local politicians. United Continental CFO Zane Rowe hits the eject button, lands at Apple. High court turns away Skilling appeal. No big shock, but it clears the way for the re-sentencing. Texas warns [...]
April 12, 2012
What I'm reading with my morning coffee | 4.12.12
Transocean challenges the U.S. Chemical Safety and Hazard Investigation Board's jurisdiction in probing the Gulf oil spill. The CSB is the only truly independent agency looking into the causes of the disaster, and it has a history of thoroughness. Maybe Transocean's worried what CSB investigators will find. Amazon cuts e-book prices, a move perfectly timed [...]
April 11, 2012
United versus Southwest: the Florida view
A frequent flier from Florida offers an out-of-state perspective on the Houston airport battle between United Airlines and Southwest Airlines.
What I'm reading with my morning coffee | 4.11.12
Yes, folks, after a two year hiatus or so, I've decided to bring back my daily BizLinks, though I can't promise it will be daily. Don't tell Obama and Ryan, but their budgets are similar Don't tell their bases, either. Think of the decline in Internet jabber if this gets out. World oil supply isn't [...]
April 10, 2012
Gordon Bethune resorts to the `you don't understand' ploy
Former Continental Airlines CEO Gordon Bethune has been stumping for United on the battle over international flights from Houston's Hobby Airport. Even though he said he's not working for the company, he showed up with airline officials at the Chronicle's editorial board meeting last week to wax nostalgic about the deal he and former Mayor [...]
The Great American Foreclosure Song
The folks at ProPublica have taken a concise explanation of the housing crisis, the robo-signing scandal and the loan modification mess and set it all to music. Enjoy.
Hostess execs find their paychecks have less filling
After creditors accused Hostess Brands of padding executive salaries ahead of the company's Chapter 11 bankruptcy filing, the maker of Twinkies and Ding Dongs has roll back the pay packages — at least for now. Gregory Rayburn, a restructuring expert who took over as chief executive last month, said the top four Hostess executives reporting [...]
What is United so afraid of?
United is going to great length to influence public opinion in the battle over international flights from Houston's Hobby Airport.
April 9, 2012
Poll: Should Southwest be allowed to begin international flights from Houston?
Should Southwest be allowed to expand internationally at Hobby, a move that even United acknowledges will lower fares on routes where the two airlines compete?
