The government has to rethink its anti-trust policy on airline mergers. Otherwise, future liquidations are inevitable.
More Quotes from Ray Neidl:
You need cooperation because this is a service business.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
The traffic was much weaker than anyone was expecting. My guess is no one knows for sure how bad it was, including the company.
Ray Neidl
They're going to fly where they can make money.
Ray Neidl
The airlines had been too conservative in increasing fares. It's long overdue.
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
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