The government pumped an awful lot of liquidity into an industry that was already suffering. We should have just taken the hit then and gotten it over with.
More Quotes from Darryl Jenkins:
These are not kinder, gentler times. One way or another, Northwest is going to drive its costs down, and some people are going to get run over in the process.Darryl Jenkins
This is going to be a very, very long and painful process, ... In the next five years, all the mainline carriers will have been in bankruptcy at least once.
Darryl Jenkins
I don't know if one airline right now feels comfortable with having a contract system. I have predicted in the next year we will see massive changes. The changes were coming, and change is always slow, and now change will come at warp speed.
Darryl Jenkins
Washington is one of the few places they make money. They would be silly to give up an asset like that.
Darryl Jenkins
It's very low-paying and leads nowhere. So really you have no incentives to get there. You have no places to move from that job. So we see very low-quality personnel who turn over very rapidly.
Darryl Jenkins
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