They may hope Delta takes a couple of punches and is more willing to negotiate,
More Quotes from 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
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
Delta's hard stance is aimed at trying to get the president to intervene, ... It's increasingly clear this may have much broader implications.
Jim Higgins
I don't know who they are, or know anyone who knows who they are. They don't seem to show anything to back up those offers. I just don't understand the notion they're creating value with this currency that can be used to buy other airlines.
Jim Higgins
For the full year 2001, you're talking an 82 percent operating ratio, down from 86-and-change in 2000, and better than 90 percent today.
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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Talk that does not end in any kind of action is better suppressed altogether.
Thomas Carlyle
The Gita is the greatest gospel of spiritual works ever yet given to the race.
Sri Aurobindo