America West has been struggling to achieve any semblance of operational reliability for close to a year now. Management has been talking about reliability, and now it looks like they're going to put some money into it.
More Quotes from Sam Buttrick:
With the decreased ownership interest, American and others will be more vigorous in trying to control distribution costs going to the CRS.Sam Buttrick
There's a reason paying more than 20-plus times forward earnings has been on balance a desultory experience for overeager investors. It's not good business -- the airline business that is.
Sam Buttrick
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