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Results for: Air Transportation | Showing Results: 1 to 16 | Total Results: 16 | Sort By: Alphabetical Publication Date

Employee Ownership and Unions: Lessons from the Airline Industry 

The U.S. airline industry has, in recent years, offered some conspicuous examples of a phenomenon that has now become familiar, both in the U.S. and abroad, among firms that face economic difficulties: the granting to employees of a substantial ownership stake in return for wage and work rule concessions necessary to maintain the firm’s viability. 
Author: Hansmann, Henry
Pub. Date: 1999-01-01

Employee Ownership in the Airline Industry 

One of the most visible examples of employee ownership in companies has been in the airline industry, where players like Southwest and United have made efforts to increase employee participation, responsibility and ownership. This Reading Collection features case and other material highlighting airlines' experiences with employee ownership.  
Author: Johnson, Jennifer
Pub. Date: 2010-10-20

JetBlue Airways 

JetBlue employees are given the opportunity to own a direct stake in their company through the Crewmember Stock Purchase Plan, better known as a Section 423 employee stock purchase plan, or ESPP. 
Author: The National Center for Employee Ownership
Pub. Date: 2005-11-01

Nuts! Southwest Airlines' Crazy Recipe for Business and Personal Success 

Southwest Airlines has created a culture where employees are treated as the company's number one asset. 
Author: Freiberg, Jackie; Freiberg, Kevin
Pub. Date: 1998-02-17

People Express Airlines: Rise and Decline  

This case describes the innovative approach to organizing and managing employees by People Express and describes the company's eventual demise. 
Author: Beer, Michael
Pub. Date: 1990-03-01

Southwest Airlines Corporation 

Southwest Airlines, consistently ranked as one of the top performing airlines in the business, began a profit-sharing plan in 1974. 
Author: Govindarajan, Vijay; Lang, Julie B.
Pub. Date: 2002-01-01

Strategic Stakeholder Perspective to ESOP Negotiations: The Case of United Airlines 

Employee stock ownership programs (ESOP) may become a source of competitive advantage but a threat to a firm’s survival as well. Strategic stakeholder negotiation, on the other hand, is a process through which an organization negotiates with multiple stakeholders in order to achieve a strategic goal. Such perspective helps to illustrate the importance of understanding, balancing, and managing stakeholder demands in ESOP-related negotiations. The airline industry provides an interesting arena in which to study this process. 
Author: Lamberg, Juha-Antti; Savage, Grant T.; Pajunen, Kalle
Pub. Date: 2003-01-01

The Age of Autonomy 

Why is Southwest so uniquely able to succeed where others can’t? The thing that makes Southwest employees a powerful force for success is that they are autonomous workers working toward a common goal... 
Author: Mathews, Anthony
Pub. Date: 2012-09-20

The Southwest Airlines Way 

The Southwest Airlines Way examines how the company uses high-performance relationships to create enormous competitive advantage in motivation, teamwork, and coordination among employees. 
Author: Gittell, Jody Hoffer
Pub. Date: 2005-04-14

The United Airline Bankruptcy and the Future of Employee Ownership  

UAL suffered from particular design flaws in its stock ownership plan and, more seriously, the absence of complementary institutions focused on the distinctive problems of employee-owned firms.  
Author: Gordon, Jeffrey N.
Pub. Date: 2003-10-01

TWA: The Second Bankruptcy  

In May 1995, about 19 months after emerging from the Chapter 11 bankruptcy it filed in 1993, Trans World Airlines issued a proxy statement to seek the consent of its shareholders and certain creditors for another debt restructuring plan. 
Author: Barth, Mary E.; Yildiz, Nese
Pub. Date: 2001-12-03

UAL Corp. 

In the largest attempted employee-buyout in history, a large U.S. commercial airline seeks substantial wage concessions from its employees in return for 53% stake in the airline's common stock and guaranteed seats on the board of directors. 
Author: Gilson, Stuart C.; Cott, Jeremy
Pub. Date: 1995-04-19

United Airlines: Employee Buyout 

This case focuses on a large-scale corporate restructuring that involves changes to United Airlines' (UAL) operating strategy and financing. Through a recapitalization of the company, UAL's pilots, machinists, and salaried workers become majority shareholders of the firm. 
Author: Chaplinsky, Susan J.
Pub. Date: 1998-01-01

United Airlines 

In 1994 United Airlines became the largest employee majority-owned enterprise in the United States, with various groups of employees – most represented by unions – having purchased 55% of its stock in exchange for various concessions. The employees accepted pay cuts and made other concessions, but were also granted representation on the company's board of directors...[newline] 
Author: Kochan, Thomas A.
Pub. Date: 1999-01-01

United is a Poor Model for Employee Ownership 

It would be easy to look at what’s happening at United Airlines, now on the brink of bankruptcy, and conclude that the concept of employee ownership in America has fallen into a tailspin. 
Author: Flanigan, James
Pub. Date: 2002-12-04

Video: People Express Decline: Interview with Don Burr 

Presents an interview with Don Burr, CEO, as he reviews his account of how and why People Express failed as a corporation and was ultimately sold to Continental Airlines. 
Author: Beer, Michael; Holland, Philip
Pub. Date: 1989-12-07