But either way, it's going to be ugly.
More Quotes from Michael Boyd:
The perception is it's environmentalist versus environmentalist, ... But it's environmentalists versus the power cartel.Michael Boyd
It's the Shreveport-Shanghai advantage, ... It shows that at 2 a gallon for fuel, carriers like American and United have the ability to make money.
Michael Boyd
It's not that big a deal, ... They're re-branding it as Delta rather than as a separate sub-brand. . . . Other than that, there's not much of a change. There's no reduction in competition, and fares will probably stay the same.
Michael Boyd
Frontier Airlines is already losing money. JetBlue and AirTran are on the edge, and Southwest, had it not hedged fuel, would be losing money. Anything with a wing has problems with today's fuel prices. But if oil had stayed where it was a year ago, like we thought it would, we'd be talking today about how profitable the airlines are today.
Michael Boyd
It's very clear the employees got shafted on this deal.
Michael Boyd
This company needs to get an agreement in place very quickly. This is not a normal negotiation, this is not a drill. It's either get the costs down or hit the road.
Michael Boyd
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