The tragic events in the USA will undoubtedly have a significant impact on the demand for air travel in the months ahead, ... We have taken the necessary steps to curtail expenditure and sadly to cut our workforce.
More Quotes from Rod Eddington:
I believe that the basic planks of our strategy ... are a good foundation for a return to profitability,Rod Eddington
We were notified this morning by the Air Accidents Investigation Bureau, an arm of the Civil Aviation Authority that in light of the latest information available to it that it and its French counterpart would tomorrow recommend that the certificate of airworthiness should be suspended, ... As soon as we heard this, we immediately withdrew the supersonic fleet from service.
Rod Eddington
In the meantime, we will continue to take steps to improve the performance of our company. Through our fleet and network strategy, through continued product improvement and by working with our established alliance and franchise partners.
Rod Eddington
If 50 years of post-war economics has taught us anything, it's this state subsidies preserve bad habits.
Rod Eddington
BA argues that Chapter 11 is used as another form of state aid and keeps the industry bloated at a time when it would benefit from a sharp reduction in airlines. In the last four years, the U.S. airlines have soaked up 15 billion to 20 billion (12 billion-16 billion) of public subsidies and loan guarantees, ... They're operating in protected markets, they're hoovering up public funds and still they can't make a profit.
Rod Eddington
It's important to staff and customers, it's important to link New York and London.
Rod Eddington
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A boy's best friend is his mother.
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