The bankruptcy court doesn't think TWA is viable as a stand-alone carrier and neither do I. It would need a massive infusion of capital, it'd need a completely new game plan, and it'd need massive concessions from labor, which it's not going to get.
More Quotes from Ray Neidl:
I'd say third quarter of next year will be the first time we'll see industry-wide profits. It depends on how strongly the economy comes back, and in the case of Delta and Northwest, if they can get additional concessions from their unions.Ray Neidl
Looking ahead, the revenue side is going to be decent. The cost side should be OK. The big question mark is fuel. It has to start coming down if we're going to have a strong 2000.
Ray Neidl
It's a logical fit and logical action to take.
Ray Neidl
I think any agreement can be gotten around, and I think that story proves it.
Ray Neidl
It's going to reduce their cost structure and make it a more efficient airline.
Ray Neidl
The big carriers are competing much more aggressively now price-wise -- allocating seats to win as much traffic from small carriers as they can. Then, of course, jet fuel prices did hurt everybody last year.
Ray Neidl
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Based on Topics: Capital Quotes, Labor Quotes, Planning QuotesBased on Keywords: twa
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