It's about time they got aggressive. Had they done this last year, or 18 months ago even, they wouldn't be in Chapter 11.
More Quotes from Helane Becker:
We've got all this in the news about record oil prices. That's obviously very negative for the airlines.Helane Becker
I don't think anybody thinks United will emerge this year, ... There are too many questions they can't answer.
Helane Becker
Wall Street analysts seemed encouraged. Shares of Atlanta-based Delta were up 5 in late-afternoon trading. I think it's great they are finally being aggressive in making these adjustments, ... If Delta had done this even six months ago, it probably wouldn't have had to file Chapter 11.
Helane Becker
It seems like the PEB said everyone should participate in concessions, but that United should give mechanics the raise, then you can talk about concessions, ... But now I think it'll be difficult to win those concessions.
Helane Becker
You've got fairly substantial fuel cost bills. People are just very concerned.
Helane Becker
I think the industry in general is having a little better time of it on the revenue side of the equation.
Helane Becker
Readers Who Like This Quotation Also Like:
A new idea is delicate. It can be killed by a sneer or a yawn; it can be stabbed to death by a quip and worried to death by a frown on the right man's brow.Ovid
We've got to be responsible, somebody's got to be responsible for it.
George Downing
All too many consultants, when asked, 'What is 2 and 2?' respond, 'What do you have in mind?'
Norman Ralph Augustine