ED BASTIAN: Were very focused on data and analytics. This article was clearly written to drive views to your site. That accounting education and the work experience that would follow prepared him for one of the most difficult decisions he would make in his corporate life. But we also need to make certain that the application, in terms of the rollout, can be coordinated along with running a safe aviation system. One thing that we did, Adi, is throughout the pandemic weve encouraged testing. Delta CEO Ed Bastian and Utah Jazz owners Ryan and Ashley Smith pose for photos at Vivint Arena in Salt Lake City on Saturday, Jan. 14, 2023. It was fairly easy to read the article and determine it was the latter. Next reservation for me Delta if they go there. Good for Ed. Edward Herman Bastian (born June 6, 1957) is an American business executive. 5. This meeting was not about a disaster in the airline community and a planned family vacation as a CEO are hard to do. Not sure what your point is. Do a weeek later. But then Bastian downplayed the importance of the meeting, telling employees itwas not about the whole Middle Eastern issue, it was really very limited to Qatar and the Air Italy situation. Well, yes, but that is exactly the issue that he has consistently maintained represents an existential threat to the U.S. airline industry. And I know theres a lot of controversy around the testing requirement, but if you could test at the end of day five that you no longer have the virus present, why are you asking businesses to keep their staff, their critical staff, away from the job for another 5 days? My family makes a lot of sacrifices with Delta. Delta did end up finally became profitable in New York for the first time in its history, after expanding its presence against large operations run by American, JetBlue, United and other carriers. The problem is in the US we put work before family and it is ruining society. Bastian took some some heat (and not just from me) for refusing to modify his travel plans to meet with President Trump and other airline CEOs in the White House. What? We fly a noble mission in normal times, but in times of difficulty, its really important that you fulfill that mission honorably and with passion, and so it gives people a real purpose. And we do not have a substitute source to use for propulsion for our aircraft. This is from Oslo, and the question is, how do you engage with Delta Air Lines stakeholders to gather good ideas that can help the company revive the business, specifically coming out of the pandemic? Why didnt he just send someone to stand in for him ? Thanks. [6], Bastian left Delta in 2005 to become senior vice president and chief financial officer at Acuity Brands. Period. Sorry you disagree Arun, but as someone who owns a company and is forced to travel often for in-person meetings, I cannot stress how important personal presence is. So it was not the airlines, as much as the regulator, the FAA, that was raising that concern and telling us as the operator that, You may have to ground flights. I think in some ways youre a paragon for what it means to lead a business through a challenging period. This is a classic Trump ploy DISTRACtION But more important than ever, I think its all given us a chance to sit back and ask ourselves the tough questions as to why do we do what we do? ADI IGNATIUS: Beyond that, how do you choose the social issues, political issues that youll get involved in personally, and how do you manage and protect a brand reputation as you do? And you also need to be comfortable as a decision maker. We have too many talking heads telling people what they can and should decide for themselves. The specific talking point is the wall being constructed along the U.S.-Mexico border. [9], Ed Bastian is married. In a video to employees, Bastian states that he was on an international family vacation. But as Gary Leff (in his new Forbes column) reports, Bastian has now clarified the issue. And got everybody where they needed to be on time. The question I have is about impact. ED BASTIAN: We havent. And so we probably had a better pulse on who was really coming down with Omicron than most other companies, certainly most other airlines. I just made the decision to fly 16 hours in economy class instead of business class for my family. Unthinkable: Should We Abandon All COVID Policies? When you think about the bigger question about retaining and recruiting, weve hired 9,000 people over the course of the last year. Otherwise there would be no point, as you seem to be too ignorant to understand the scope of what a CEOs role is. What a scumbag. And when you join an airline, youre really signing up to be a citizen of the globe and being part of what it takes to keep the world moving together. Through Rally, Bastian got to know Rally Kid Grace, an inspiring high school freshman and Paralympic athlete, who was battling I've got to keep working hard for her.". I ask them to do a lot of things. Its not even a credible excuse. He also shares an inside look at these conversations and solicits questions for future discussions in a newsletter just for HBR subscribers. I dont understand how serious an issue this is. 6. ED BASTIAN: Its a very serious issue. We dont have any influence with the CDC, but they took our input, they received the same question from a number of other industries as well, and they updated the guidance and it was really appreciated. During a 1981 annual review, he uncovered a $50 million fraud scheme involving ad powerhouse J. Walter Thompson. So they did. Why does it matter how much money he spent on a vacation? Everyone on that is wearing a mask. And Im interested in how tough its been to retain talent. Not just for the airlines, but also for the express package carriers and the UPSs and the FedExs of the world that are also using those airways. But I wasnt going to leave it to our people to decide how they best fulfill their service obligation. But after that, your period of isolation requirements really drop immensely. However, interested individuals, Read More How The Transportation Industry Plans on Saving The EnvironmentContinue, American entrepreneur Wycliffe (Wyk) Grousbeck has served as the Chief Executive Officer, governor and co-owner of the Boston Celtics of the National Basketball Association since he acquired the franchise in 2002. What has it been like to try to guide a business through all this? What is Ed Bastian salary? He said he believed a plan to cut jobs, salaries and benefits wasn't going to work and that the company needed to make the decision to file for bankruptcy protection. I am so excited tha, I greatly miss the @lufthansa #747-8 at @flylaxair. The airplane is the cleanest place you can be. So what have you learned about what you need to do to retain top talent at this point? Of course he has the right to take a vacation with his family, but having made his choice in this case he has certainly lost the right to keep banging the drum about this issue. We were hearing early on that, while its highly contagious, the impact seems to be a lot less than the original virus, and the guidance with respect to quarantine and isolation had never changed from the very first onset of Covid almost two years ago. ADI IGNATIUS: One more audience question. And Secretary Buttigieg and others. [5] In 2000, he was promoted to senior vice president finance and controller. Not half marathons but full marathons, all 26 miles. You can decide for yourself after reading these 10 not-so-obvious facts about him. (She officially has been listed at 12 years old.) For the money he is paid sacrifices must be made; considering the 85,000 employees and pension funds that his every move affects. This guy in the WH is so thin skinned he probably thought the song was about him [7] In 2007, he was appointed to president, a position he held until assuming the role of CEO in May 2016. During the meeting, Trump complained, Eds not heres. I think the figure was that 8,000 Delta employees have contracted Covid within the last four or five weeks, lots of flight cancellations, not just for you, but for the industry. Say what you will about Trump, but his word means nothing, and being present would have just been embarrassing for Bastian as it was for his counterparts at UA and AA. Why couldnt another executive fill in gor him. Coupled with the fact of demand: customers tell you theyre ready to go. Do you understand how the Trump administration has been playing heads of state and heads of companies for the last two years? WebJoc Pederson is married to his longtime girlfriend Kelsey Williams in January 2018 and they have a daughter called Poppy Jett. It has lost all credibility like Bastian. Maybe we should compare vacation time taken between Ed & Trump.. Trumps interest is with the Middle East, not this country. A 12-year-old girl stepped up to the altar at her mom's wedding to read out the exact number of days she felt like her stepdad had felt like her own father before Working both in the aviation industry and as a travel consultant, Matthew has been featured in major media outlets around the world and uses his Live and Let's Fly blog to share the latest news in the airline industry, commentary on frequent flyer programs, and detailed reports of his worldwide travel. Matthew do you hear an echo? Personally I think its clear this vacation was just an excuse. And they need to have that fully vetted and fully tested. I know Delta was one of the signatories in a letter to the White House that said this could potentially wreak havoc on the flight control systems. He spent Currently, the exact extent of the climate change remains unknown, not least because there is still much that remains to be uncovered in the field of climate science. All hitting at the same time: the confluence of Omicron, the most infectious variant weve seen, coupled with the highest demand level. Pleased to say at Delta, there are very, very few. Weve been relatively, I wouldnt say unaffected, but the numbers are really quite low for us. He is very patriotic when it comes to his business and personal life. Joc [] The post Meet Joc Pedersons Adorable 3. My esteem of Delta just went up! It makes it very, very difficult to travel internationally, when you think of all the requirements, and the requirements continuing to change and shift, particularly with this latest variant. A lot of its about using intelligence and taking the insight youre getting off of the planes and off of the engines and insights from others in terms of how to run a really clean and great operation. Matthew has to get a real life. This meeting was clearly not in good faith, and even if it was, you cant trust anything Trump says past the point he leaves the room. The illegal crossing were at a fifty year low until Trump came in. A lot of people had put off traveling to that point. And theres been such a great spirit about it. 2. I cannot fault Bastian if his plans were unmovable, but it is not every day you have the chance to make your case to the White House (no matter who is in the office). WebBrittany Bastian and Nathan Gannon's Wedding Website - Zola. Yeah, there are certainly cases that are well documented of air rage, and all the airlines that have had them. Delta since its inception has been sound. ED BASTIAN: Yeah, well we need to be very active working together. Family and down time is critically important for everyone. Am sure work would cover?! This site uses Akismet to reduce spam. People need to get to where they need to go for medical reasons, for health reasons, for job, etc. Theyre somewhere else entirely. ADI IGNATIUS: When you came back to the office together (this is before Omicron maybe upset those plans), you were relatively early and relatively forceful saying, I want people to be back in their seats in the office, saying there is a value to that. Lets face it Delta now has a million (yes over the top) evps, svps , vps and directors. He made the right decision. What does CEO did was absolutely the right thing. We didnt choose the pandemic. If youre a subscriber, you can sign up here. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site is for entertainment purposes only. I think I gave him the benefit of the doubt while just noting the ramifications of his choice. As I tell our people, we didnt have a choice. I stand by my tile and have children. 4. Over the past two years, Delta has won widespread praise for its handling of the complexities resulting from Covid, and Bastian has developed ideas and strategies for how a company can not only survive during crisis, but thrive. Now for the CEO of AA?? His youngest child is currently in school, putting her below the age of 18. I disagree with Bastians protectionist take on the ME3, but I wouldnt have canceled my vacation either as this meeting was never going to advance that cause. Because the same customers, same people, are going to enjoy and utilize the benefits of 5G. Still, we cannot deny what an expensive vacation this truly was, at least in terms of optics. Saturdays 1 p.m. news conference featured a number of big names: Bastian, Utah Gov. "I'm young at heart," Bastian said earlier this year shortly after being named to the CEO position. In the last six months, things have certainly settled. My guess is he knew it was going to be a dog and pony show with no real results, especially with a president that is more interested in growing trump properties overseas than with issues at home. Climate change is happening. His compensation package included a tidy sum of $12.4 million $2.5 million more than his closest peer in mostly stock awards during the year. But we use analytics far more than just as a pricing tool and an algorithm. Holiday with your nearest and dearest is so much more important than a meeting with Trump or any other meeting come to that. He spoke about the challenges he faced in keeping Delta going. And there is still another point that if I were Bastian, it would have caused me to avoid this meeting like the plague For him to make an apeearance at a meeting to complain about Qatar Airlines owning 49% of air Italy and how the subsidies that the Qatari government is providing to Qatar airways and, in turn, to Air Italy is costing Americans jobs all while Delta Airlines owns 49% of Virgin Atlantic (a U.K. company), 49% of Grupo Aeromexico (a Mexican owned company) as well as 8.8% of AirFrance-KLM (a French-Dutch company) probably would not have been too great of an idea. My dad & I spent months choreographing this dance and putting songs together that we love to dance to! And people are now back to doing what they do best, which is taking care of travelers and getting them safely to their destinations. However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. 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