The company now seems to have a viable plan to return to profitability even in a high fuel-cost environment.
More Quotes from Ray Neidl:
They came to reality. They're going to negotiate the cuts that the company needs. It would have been suicidal for them to go on strike.Ray Neidl
As they grow, it's obvious they'll be crossing each others' paths.
Ray Neidl
The administration doesn't want a strike, especially in a soft economy,
Ray Neidl
I still think there are better things to come heading into the summer season. Airline stocks tend to trade ahead of the season.
Ray Neidl
They can get so much more productivity without a third party acting as an intermediary. The unions will probably get the right to hold a vote, but I think there's a good chance Delta will keep the unions out. Last time there was a vote by mechanics, to my surprise it was overwhelmingly voted down.
Ray Neidl
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