Vaughn Cordle Quotes (11 Quotes)

It was always a bad concept and never made sense. None of the big carriers would give up seat capacity. They matched them on every route. Even with their own bankruptcy problems, all three major airlines had more financial resources than tiny Independence.

There's a strong business case to be made for consolidation though that's not to say it will actually happen.

They don't want to go that deep. Hence the strike threat.

You watch. The first thing these airlines will do when they get on the other side of bankruptcy will be to announce exciting new growth opportunities. We'll be off to the races again and headed for another restructuring.

Not even Jack Welch, the greatest CEO of all time, could earn a normal profit in the airline industry, given today's condition,

They had no choice. If they didn't agree to it, a bankruptcy judge would impose it. It's in management's best interest - and the pilots - to have everyone agree to the cuts so they don't have morale problems.

I'd bet there'd be no strike because it would be the death of Northwest and the employees' jobs.

It's offsetting all the good progress American and the other airlines are making on their non-fuel costs, specifically in labor.

You have an entirely different industry with oil below 50 a barrel and with oil above 60.

American will have a tough time in 2006, it all depends where the price of oil goes.

They have a right to be upset, because what management is proposing is quite dramatic.