Maintenance work is often outsourced, especially at the low-cost carriers, ... I think it weakens labor's hand generally, but I wouldn't extend this to all other types of labor negotiations. American found out a number of years ago they couldn't fly through a flight attendant strike.
More Quotes from Philip Baggaley:
Usually, one would see a ratio of less than 50 percent for industrial and transportation companies however, that's the peak and from there, it should decline as they use free cash flow to pay down debt.Philip Baggaley
Those three factors, pension, labor and fuel prices, will likely be the major consideration as they come up to Oct. 17.
Philip Baggaley
The recent surge in fuel prices and Delta's disclosure that it will have to post 750 million dollars of cash collateral to extend its credit card processing agreement indicate that the airline's already slim chances of avoiding bankruptcy are dwindling rapidly.
Philip Baggaley
As you shrink an airline, you also reduce your revenue- generating ability. Obviously, they'll try to shrink the unprofitable markets.
Philip Baggaley
The pilots are the last major labor group to reach a preliminary agreement (except for striking mechanics who have been replaced) and the largest source of labor savings being sought by the airline.
Philip Baggaley
The revenue picture has improved and this is a huge change. The big swing factor is the long-awaited improvement in pricing.
Philip Baggaley
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Based on Topics: America Quotes, Labor Quotes, Work & Career QuotesBased on Keywords: outsourced
The American people want economic prosperity, high-quality goods and low prices, all of which I support.
John Linder
The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.
George Soros
They're protecting an archaic industry. They should turn their attention to new models.
Bob Weir