If you're looking to break into the industry, it's one I wouldn't recommend at any level. Overall, this is not going to be a bonanza in hiring in the airline industry.
More Quotes from 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
Northwest can survive if they have to go into bankruptcy, ... These labor unions have to take it upside the head. Their next job will be at the Wal-Mart.
Michael Boyd
It's very good to have a variety of airlines like Indianapolis does,
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
If the situation runs smoothly for the next three or four days, there may be no incentive for the company to end the strike. If it doesn't run smoothly, they might be back at the table at some point.
Michael Boyd
Northwest came into its bankruptcy and knew what not to do. They walked in with a plan that said here's what we're going to do with our labor, here's what we're doing with our airplanes. There was no dancing around.
Michael Boyd
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