The cover-up is usually worse than the sin. The union leaders were embarrassed and understandably so. Don was a sacrificial lamb. He made a mistake and he's paying the price. It's unfortunate because American is losing a really seasoned executive.
More Quotes from 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
Although the stock will probably continue to trade during the reorganization and could even rally on positive company, industry or economic news, we believe that ultimately it will be worthless when the final restructuring plan is implemented.
Ray Neidl
It's all going through on schedule. The big question is can they make it work post-merger.
Ray Neidl
The sharp rally in airline stock prices, which began in late September, seems to be over for the time being as reality sets in and the market re-evaluates the industry's position, particularly with remaining uncertainty regarding oil prices.
Ray Neidl
Operating two products under the same name has never worked. They've learned a lot from operating a low cost product and now in bankruptcy they can incorporate that into their main line product.
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
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