Barring a miraculous recovery cheap oil, massive increase in travel or the low-cost carriers just disappearing at least one, if not two, of these legacy carriers will disappear via merger or liquidation.
More Quotes from Anthony Sabino:
The airline industry has a horrendous history in Chapter 11. Those who do not learn from history are doomed to repeat mistakes, and in the airline industry no one learns from history and always repeats mistakes.Anthony Sabino
The parties have to stand pat. You need a court order that hasn't arrived yet.
Anthony Sabino
You want to save fuel to avoid higher costs in the future. When you have a solvent airline that's not bankrupt that's American Airlines doing that, why would you be surprised that an airline that's in the midst of bankruptcy is doing that Delta has to get lean and mean ... This is what they have to do. This is the first wave, but it's going to continue.
Anthony Sabino
While Mr. Spitzer's doing a great job, he's also an up-and-coming political star. It won't hurt his political aspirations to be on the front page of the newspapers going after Greenberg.
Anthony Sabino
The settlement clears the field. Regulators have dealt with the corporation and now they can focus their efforts on Greenberg.
Anthony Sabino
The market for pilots and other airline professionals is soft, and that's an understatement. They played it down to the wire, but there is still hope for Delta, and we will see what happens next few months.
Anthony Sabino
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Based on Topics: Travel QuotesEditor: a person employed by a newspaper, whose business it is to separate the wheat from the chaff, and to see that the chaff is printed.
Elbert Hubbard
I always have this feeling that I'm losing everything, so I'm a real saver.
Mark-Paul Gosselaar
My overcoat is worn out; my shirts also are worn out. And I ask to be allowed to have a lamp in the evening; it is indeed wearisome sitting alone in the dark.
William Tyndale