James Goodwin Quotes (12 Quotes)

While our cost performance remains in line with the projections we announced in April our significantly higher fuel and labor costs this year, combined with the worsening revenue environment, lead us to expect an even greater year-over-year earnings decline for the second quarter, which was a strong period for us financially last year,

The business aviation industry has seen dramatic growth over the last 10 years, reflecting the needs of the market and particularly, the needs of our corporate customers,

While we are pleased that we were able to reach a tentative pilot contract, the financial implications of the agreement, coupled with the higher price of jet fuel, will further impact our results. Therefore, we expect to post a loss in the third quarter and probably in the fourth quarter as well.

We recognize the importance of the cash dividend to our stockholders, and we remain committed to rewarding them for their support, ... At the same time, the current weak economic environment and the uncertain outlook are having significant industry-wide effects on revenue, negatively affecting our overall performance. Therefore, the board believes it prudent to reduce the dividend rate for the time being.

We decided the time was not right five years ago. Today we see a different scenario. We have a strong United and a vibrant US Air. We are a company in need a strategic network on the East Coast. US Air clearly fills that void.

The softening of the U.S. economy has had an industry-wide effect on business travel demand, ... While our 2001 business plan assumed a challenging financial environment, the economic situation has deteriorated more than expected.

Both sides worked hard in complex negotiations to create an industry leading contract for pilots while providing a strong base for the company's future growth and success,

While we continue to focus our attention on assisting the families of our passengers and employees who were victims of last Tuesday's attack, we must also focus on saving our company, ... We simply have no choice but to step up to the realities of this extraordinarily critical time and take drastic measures to preserve our viability and operations.

The addition of US Airways will greatly improve United's ability to serve customers in the East and to open its worldwide network to them.

Today's events are a tragedy and our prayers are with everyone at this time,

The cost of a traffic light (125,000) is much less than the cost of an accident involving multiple cars along with doctor and hospital bills, including repair of damaged and paying off totaled vehicles.

We believe domestic competition will be enhanced and consumer choice and convenience will be improved.