I've never seen that level of retro pay. The whole notion of retro pay is a relatively new issue for the airline industry.
More Quotes from Jim Higgins:
They are very far apart on difficult issues like work rules. Delta has a work rule advantage versus other competitors that it doesn't want to give up. And among the pilots, there is a very vocal dissident group, and it makes it more difficult to reach a settlement,Jim Higgins
You have to remember the airlines didn't have the huge amount of over-investment that prompted growth and hiring that the telecom and technology sectors, ... My suspicion is you'll see gradual enough reduction in capacity, but that you're not going to see huge layoffs.
Jim Higgins
Without those concessions, we think approval of the loan is unlikely,
Jim Higgins
Northwest probably serves more unique markets, even though it's smaller than Delta, ... Secondly, the Northwest union is renegade, with small membership and it's not a member of the AFL-CIO. Delta-ALPA is in the same situation.
Jim Higgins
They didn't actively guide things down, but they talked about things getting better six months out. We've been saying all along that second-quarter numbers are too high and there's nothing I heard or saw today that says otherwise.
Jim Higgins
It's clear that DOJ doesn't like the deal, or it would have been approved by now. But the fact that it's up to Justice and only Justice does mean its easier for United to effect a fix here, to agree to the asset disposition it needs to get approval.
Jim Higgins
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Based on Topics: Business & Commerce QuotesWhat we anticipate seldom occurs: but what we least expect generally happens.
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I could be with a woman in a bed, for weeks even, and it would seem to me like three seconds. Or 300 years.
Klaus Kinski
Richard was in heavy, heavy costume, he could hardly sit, you know, and I turned up and they put me in two layers of silk, so I played him much lighter - you know, floating around in a pair of slippers, a bit of a hippy.
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