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.
More Quotes from James Goodwin:
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,James Goodwin
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.
James Goodwin
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,
James Goodwin
Today's events are a tragedy and our prayers are with everyone at this time,
James Goodwin
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.
James Goodwin
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Based on Topics: Business & Commerce Quotes, Economics Quotes, Environment QuotesBased on Keywords: industry-wide
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