ED BASTIAN: Oh, we get information from so many people all the time. The other thing were doing, certainly, is looking longer term at hydrogen and electrificationall new technologies, but theyre going to take some time. And it may not be the pandemic, it may be something else, but that feels like the era were in. And so we asked the question to the CDC, because we were having thousands and thousands of our people that we were having to pull out of the operation in a very disruptive manner and isolate when the science didnt seem to suggest that that was necessary. ADI IGNATIUS: This also makes me think of the talent challenge. About This Meeting. And you also need to be comfortable as a decision maker. Im going to miss that. We want to encourage people to find out, to keep getting tested, and to continue to watch the signs to stop the spread, and the policy seemed like it was pushing people in the other direction. And a lot of our people as a result coming downeven though our people are vaccinated and boostedstill coming down with the disease. Ive been there and you miss more time with the family then then you get. You must have a workforce that has differing views on it, how do you make this make sense: that we really need to be together? We invested in certified offsets that eliminate the carbon that we create on a daily basis through investment in re-forestation projects, clean water projects in various parts of the world, investing in natural sources of decarbonizing the climate and the world and the planet when we cant find an alternative use to do that ourselves. Domestically weve been able to keep the airways open throughout the entire pandemic, because were deemed by the government to be an essential service. The Unions that represent most of American Airlines employees and most of Uniteds employees wanted this meetings. To the North, Delta recently negotiated a deal to buy 75 Canadian Bombardier aircraft but has run into another Trump wall as the government assessed Bombardier with a 220% duty for allegedly dumping product, an accusation made by Boeing. But youre right, Adi, throughout the entire pandemic our people have not had the option to work from home. Service is good but their employees suffer. 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. And Im fortunate enough now to be a CEO for six years. So what have you learned about what you need to do to retain top talent at this point? It was fairly easy to read the article and determine it was the latter. How has the use of data analytics helped Delta stay ahead of the curve in the industry? Ed Bastian was born on June 6, 1957 in Poughkeepsie, New York. Ed Bastian is married to Anna Bastian and they have 4 kids. Ed Bastians daughter Brittany Bastian got married to Nathan Gannon in August 2020 in a wedding ceremony held in Georgia. As a supervisor in the transport industry I too have only 2 week vacation time a year to spend with my family! Mr. Bastain was more interested in baseball than air traffic for most of his early life. Bastien likely would have gone if he thought the meeting would be productive, but he made the executive decision that it wouldnt be and used his planned vacation as an excuse. Theyre somewhere else entirely. Otherwise there would be no point, as you seem to be too ignorant to understand the scope of what a CEOs role is. Actress and former Strictly Come Dancing contestant Ali Bastian has shared the first photographs of her baby girl Isla Rose in HELLO! They change out the full air with environment within a plane every two to three minutes while were in flight. ADI IGNATIUS: Lets talk about this moment where Omicron is not as serious, apparently not as fatal as previous variants, but obviously incredibly contagious. 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? 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. If h wants to be CEO. ADI IGNATIUS: Because what you do is so visible, we all feel we know the brand. Shame on the Author. 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. He spent I think a lot of people were happy. 2. One thing that we did, Adi, is throughout the pandemic weve encouraged testing. Our brand is strong. As a result of that, we took a pretty big hit, because we saw it happen within our own workforce very, very quickly. [7] In 2007, he was appointed to president, a position he held until assuming the role of CEO in May 2016. Webed bastian daughter weddinghow much to pay rabbi for baby naming. Our customers, our community have never needed us more than right now. I have heaed about that meeting and have also heard that Bastian had missed it. ADI IGNATIUS: I know youve made it clear that climate change is an issue of importance to you personally. Not sure what your point is. And you think about the world needing air travel. Kudos for a top exec really showing work life balance. This site uses Akismet to reduce spam. Ed Bastian devotes lot of time to the Delta family and as this is a long planned vacation with family and the meeting is last Minute meeting. This is due to the writers lackluster ability to grasp any concept greater than a shiny headline for their editor (if there is even one). I think Matthew also points out the possible issues with the excuse given and honestly we will never know if this was a legitimate excuse or a ploy to garner sympathy for skipping a meeting he found distasteful and a probably waste of time given the likely outcome. He is known to go against the grain, even in executive corporate venues. Working his way up to the position of Senior Vice President at Delta back in 2000, he and the company were facing very difficult financial times. The question is do we Live to work or work to live. Hopefully really good news, hopefully soon here on that score, because we need to get an answer soon. Happy wife happy life. People are reacting like as if this guy is low level manager who only gets 2-3 weeks a year. 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. I know its not the optimal solution, but it would have been a third solution. Garrett by trade is a personal finance freelance writer and journalist. When you think about the bigger question about retaining and recruiting, weve hired 9,000 people over the course of the last year. Why does it matter how much money he spent on a vacation? Through Rally, Bastian got to know Rally Kid Grace, an inspiring high school freshman and Paralympic athlete, who was battling Certainly, a lot of people have asked about it. Were huge proponents of 5G. He never intended to do anything about the situation in the first place because its his rich middle eastern buddies that are involved so he uses Bastion absence as the focal point of the whole deal, what about the other guys that showed up? 10. Nathan, I didnt fault him for taking the vacation. ED BASTIAN: Thats a tough one, and because its a tough one, it makes it a very important one. Why is it important? "I got the Tesla because I live here in Sugarloaf, and I have to go down to the airport [for work]. Drew Holt and Talli Gay scrambled for flights on other airlines to get everyone to South Carolina for their Friday wedding. Ed Bastians daughter Brittany Bastian got married to Nathan Gannon in August 2020 A Deep Dive with Ed Bastian | Detroit Economic Club. Fellas instead of debating the minutiae here and bulldozing the author with your infinite wisdom [8] His transition to CEO was the first time Delta had chosen a chief executive officer from within the company since 1987. (She officially has been listed at 12 years old.) bitcoin-friendly.com Joc [] The post Meet Joc Pedersons Adorable . Were in whats classified as a hard-to-decarbonize industry, because 98% of our emissions, our footprint, is jet fuel, is a fossil fuel. A special email series for subscribers. Edward Ed Bastian of Delta Air Lines is one of the more interesting people in the world of corporate CEOs, likely because he has an interesting character that can be seen in the boardroom and out on the boardwalk. You can decide for yourself after reading these 10 not-so-obvious facts about him. 1. It might have also been the reason he decided to go into accounting when he went to college at St. Bonaventure University instead of playing baseball. Thank you for recognizing that. Family comes first. He recently has made his differences with President Trump public. Its a disease that is killing off what little decision making people still do in this world of group think. The question I have is about impact. And maybe some of your competitors feel less strongly about that. jobs for Delta are going because its not in America, they have had plenty of layoffs in the last few years with jobs going overseas. It's a wonderful vehicle. Advertiser Disclosure: Some links to credit cards and other products on this website will earn an affiliate commission. As you mentioned, were a very visible industry. At least one question has come in: did you ever consider requiring proof of vaccination, the way some restaurants do, or Broadway shows do, as a condition for flight? I agree entirely with your opinion in this article. U.S. built, U.S. technology, U.S. innovation," Bastian said. Still, we cannot deny what an expensive vacation this truly was, at least in terms of optics. [5] In 2000, he was promoted to senior vice president finance and controller. 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. I know that you are still encouraging or requiring passengers to wear masks. "My Tesla is great," Bastian said during a breakfast talk held by the Gwinnett Chamber of Commerce last week. 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. Shane on you! 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. I mean, your background is as an accountant, as an auditor, as a finance guy. In terms of a spacious first class product, the @E, Nearly five years ago, I took a break from I, United Airlines' new Polaris seat is a huge improv. Many Georgia couples have had to downsize or postpone weddings amid COVID-19, but some are moving forward with weddings with as many as 100-150 guests 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. Wow I am amazed at the number of people on here defending Ed Bastians decision and criticising the tone of Matthews article. "When I graduated college, I had never even stepped foot on an airplane," Bastian said. I joined Delta about 25 years ago in a finance area. It's a Model S, which starts at $71,000. Can you offer some general lessons about how to lead successfully during a crisis? Family comes first lord have mercy. [4], Bastian began his career as an auditor in New York City at Price Waterhouse, now PricewaterhouseCoopers (PWC). If it was truly an existential threat to his business he would have found a way to make the meeting. Doing the things primarily out of staying out of the news is pure cowardice. So its an issue for our government. Because the same customers, same people, are going to enjoy and utilize the benefits of 5G. Saturdays 1 p.m. news conference featured a number of big names: Bastian, Utah Gov. I just hope he has the same attitude when other employees say no due to family obligations. ADI IGNATIUS: I want to get you a couple of questions from our viewers. I just made the decision to fly 16 hours in economy class, consistently maintained represents an existential threat, Dense, Dimwitted Logic From A Deliberately Deceptive Delta CEO, Fascinating New York Times Interview With Delta CEO Ed Bastian, I Chose 16 Hours In United Economy Class, United Eliminates The Mystery Of First Class Meal Priority. WebWe met at a wedding of our close friends (thank you, Lucy & Mike!) It needs it more than ever. Coupled with the fact of demand: customers tell you theyre ready to go. personally and/or professionally, as well as individually as Ed or as a representative of Delta (as Deltas CEO)? Not like he cant change his flights lol. We give them tests. And the majority of our people were very happy to be back. And Secretary Buttigieg and others. I think that there is more than a hint of jealousy about the CEO salary compared to this 3rd rate journalist. This may make it seem as if he has adopted a competitive lifestyle, but actually the marathon was the result of a bet he made with his Delta employees. Just like the right wingers making a stink about Obamas expenses & time away on his golf outingsthe total budget over 8 years Trump has already blown right past. We werent the only one, a number of companies did as well, because we saw the effect it was having within our team and within our people, and our people were looking up to us asking, After all weve been through over this last year, two years, and the challenges coming out after the George Floyd situation in the middle part of 2020, and the commitments that we made to continue to push forward and fight to ensure that everyone has equal access, everyone has equal opportunity, and do our very best to promote an equitable and diverse workplace, as well as community, how can we sit by and be silent? So that was a tough one, but youve got to be very, very careful in terms of which issues you choose. Being pro-enforcement of illegal immigration laws, as Obama was, does not make one racist. 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. WebEd Bastian Daughter Wedding. The importance of supporting and keeping safe workers who may not be able to work from home. This CEO showed moxy and told the world why he works..for his family if I have to spell it out. The airplane is the cleanest place you can be. Ed Bastian devotes lot of time to the Delta family and as this is a long planned vacation with family and the meeting is last Minute meeting. Its really a very minimal amount, so we need the government to be good partners with us. Then came the financial restructuring led by Bastain, bringing the company back to profitability and respectability. And the White House is involved, as you mentioned. Bastian joined Delta in 1998 as vice president of finance and controller, was promoted to senior vice president in 2000, and departed in 2004 over strategic differences. And one of the early indicators that we saw in the middle of December, as our people started to come down with Omicron, was we are hearing conflicting messages. ADI IGNATIUS: We also talk a lot on the show about the extent to which businesses, CEOs, can be involved or need to be involved in social issues and health issues. It has lost all credibility like Bastian. The perfect @flysas name tag for #Longyearben! When you think about our business, and we have thousands of flights a day and hundreds of thousands of seats a day that we sell and the pricing of that, the yield management, the inventory, and the ability for consumers to be able to shop and match and try to find a different product category, requires an enormous amount of technology and data analytics. I am willing to bet big money you do not have a family. Way to go, Ed Bastian! Ed Bastian Shoes Ed Bastian loves ADI IGNATIUS: Its all quite amazing to ponder from the outside. But dear @flysas , next time if I a, Ready for #PIA from #MAN to #JFK -- we will be rac, Another room with a beautiful view #hyattregenc, Enjoying #shanghai with @onemileatatime from the i, From my front gate to my boarding gate in 15 minut, @malaysiaairlines #747 out of retirement and in se, View from my 61st floor room at the beautiful bran. Not one to mince, Read More 10 Things You Didnt Know about Celtics Owner Wyc GrousbeckContinue, When you think of robotics, metal parts, springs, and bolts probably come to mind. I have no sympathy for this guy. This is a classic Trump ploy DISTRACtION Its not even a credible excuse. Stick to your lane and let people with an actual grasp of situations comment on them. Maybe we should compare vacation time taken between Ed & Trump.. Trumps interest is with the Middle East, not this country. 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