The [Friday] Papers
"Federal aviation inspectors stepped up oversight of United Continental Holdings Inc. two months ago, citing risks from repeated violations of mandatory pilot qualification and scheduling requirements," the Wall Street Journal reports.
The Federal Aviation Administration's decision was spelled out in a Feb. 6 letter from a high-ranking agency official to United's top safety officer.
Well, maybe this is a routine sort of thing.
That warning in January was prompted by four recent and separate "safety events and near misses."
"The FAA letter is unusual because the airline previously reported each of the problems on its own. Such disclosures long have been encouraged by the FAA as a way to unearth budding safety problems and have the carriers voluntarily fix them. Airlines and pilots who file such reports typically avoid enforcement actions or other adverse moves by regulators."
In this case, according to the FAA letter, voluntary reports of 12 apparent violations in 13 months stemming "from the same or similar set of circumstances" indicate a "systemic" hazard, requiring United to conduct "a complete review of your processes associated with crew member qualification" and develop an "action plan . . . to mitigate this hazard."
Here's Quiello on LinkedIn - you know, in case he's on the market soon.
From ABC News in February:
"United Airlines officials recently sent a 'brutally honest' safety bulletin to pilots following four incidents involving flight crew errors that were classified as 'major safety events and near-misses.'
"The Jan. 9 message obtained by ABC News was sent by Howard Attarian, senior vice president of flight operations, and Mike Quiello, vice president of corporate safety. The Wall Street Journal first reported about the message."
"'No pun intended, but great safety performance is no accident,' Quiello says, without cracking a smile."
Whacking Walgreens Workers
"He got Wall Street's version of rave reviews, as Walgreens shares jumped nearly 6 percent after yesterday's confab with analysts to an all-time closing high of $92.62 a share. The Italian billionaire who merged his European drug company with what had been Walgreen last year took over as acting CEO Jan. 1 after elbowing out Greg Wasson."
Well, gee, that sounds like good news.
"Pessina's words gave analysts an even greater thrill. He said things Wall Street wanted to hear from his predecessor but never did.
"He grabbed his audience early by announcing another $500 million in planned cost cuts, a 50 percent increase over the $1 billion Wasson offered last year. Wasson's target disappointed many analysts, who thought Walgreens' had more fat to cut."
"Start updating those resumes, Walgreens workers."
Ricketts Family Not Rich Enough
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Also: "Don't ever lie. Unless you're running for governor."
The Beachwood Tip Line: Discolored.
Posted on April 10, 2015
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