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.
More Quotes from Ray Neidl:
The company now seems to have a viable plan to return to profitability even in a high fuel-cost environment.Ray Neidl
They're going to lose some of these customers. If they can solve their problems by September, the problem will be limited. If it goes past September, they'll have trouble winning back the higher yielding customers.
Ray Neidl
We believe that there is much upside potential both on the cost-cutting side ... and on the revenue side.
Ray Neidl
Cost is the name of the game and I'd like to see that a little bit lower.
Ray Neidl
I don't know what the likelihood of the deal being done is, ... I think it's serious, I think something is going on -- and many people were surprised, including myself, that American would even want to buy TWA, which is basically a real problem asset. And then you have the problems of integrating the work force.
Ray Neidl
The US Airways route system fits very nicely with the United Airlines system. If this deal goes through, it would turn the airline industry on its head.
Ray Neidl
Readers Who Like This Quotation Also Like:
I love it when ugliness is beautiful. I love character flaws.Marcia Gay Harden
My perspective is that you should be IN the world, but not OF the world.
Dave Davies
Also, when I didn't like something, I could keep my opinion to myself.
Robert MacNeil