I don't think American would have extended unless they got assurances from union leadership they had the votes. It was a flawed process to begin with.
More Quotes from Ray Neidl:
The odds are still against an approval, ... Are the concessions all 'hard dollars' is the question that the ATSB and analysts are asking.Ray Neidl
What matters now is moving ahead. How much recovery will we see in 2006 both in terms of price increases, yield increases Of course the unknown factor is oil prices.
Ray Neidl
They'll still be a seasonal and cyclical play. It's the nature of the industry.
Ray Neidl
This summer is going to be crucial. If this summer is worse than expected, we could have new talk of bankruptcy in the fall. Even if it's good, I don't see them returning to profitability until the third quarter of next year at the earliest.
Ray Neidl
US Air is prime candidate (for closure). The other big question mark is United, and how they restructure themselves.
Ray Neidl
From the limited amount of static coming from Washington, it appears they don't like the plan. I'd have to say there's a probability of a bankruptcy at this point. There's too many hoops to jump through and not enough time.
Ray Neidl
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Based on Topics: America QuotesBased on Keywords: assurances
No one lies so boldly as the man who is indignant.
Friedrich Nietzsche
Truth is a deep kindness that teaches us to be content in our everyday life and share with the people the same happiness.
Khalil Gibran
A man has to learn that he cannot command things, but that he can command himself; that he cannot coerce the wills of others, but that he can mold and master his own will: and things serve him who serves Truth; people seek guidance of him who is master of himself.
James Allen