US Air is prime candidate (for closure). The other big question mark is United, and how they restructure themselves.
More Quotes from Ray Neidl:
Long-term to me, ... is a year in this business. If we're going to have a recession, you should probably lighten up on your airlines, because they're still cyclical. But there has been a lot of restructuring in the airlines, the way they run their business. I think they will come through the next recession.Ray Neidl
You need cooperation because this is a service business.
Ray Neidl
As they grow, it's obvious they'll be crossing each others' paths.
Ray Neidl
Cost is the name of the game and I'd like to see that a little bit lower.
Ray Neidl
There are no surprises. Basically what we're hearing from the airlines is that volume is not falling off. Business is getting weak as travelers are trying to get around higher pricing with discounts. There was some weakening in February into March, but it's not as bad as it sounds.
Ray Neidl
He has been pretty active with these emergency boards, ... If there is a strike, I think it's highly probable it will be short. If there is no intervention, I think it could drag out for the weekend. At this point I'm assuming logic would prevail, it wouldn't go on much longer than that.
Ray Neidl
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