Bruce Hicks Quotes (23 Quotes)

The recovery plan does foresee a return to profitability and some upsides for the employees through profit sharing and stock options. What the unions asked was, 'What if the company becomes wildly profitable, beyond any projection.' We said that's a legitimate issue. That return to investment grade debt would signify things are very different than they are today, performing well above plan.

It's just not practical to have a comprehensive deal today.

Today's outcome will not disrupt Delta service. Together with our pilots and all of our employees, we remain focused on our number-one priority -- taking good care of our customers. The traveling public can continue to book Delta with confidence, and we appreciate their business and look forward to serving them. In the meantime, Delta remains committed to seeking a consensual agreement with our pilots and is working hard to do so.

Together with our pilots and all of our employees we remain focused on our No. 1 priority, which is taking good care of our customers.

We believe that's the best way, and that commitment hasn't changed. We recognize that we must get a consensual agreement if we are to get out of bankruptcy, and we've made significant changes and movement in our position to try to demonstrate that commitment.

No union has indicated to the company that they have any intention other than to sign the agreement. We believe that's what is important.

We're doing our best to honor the request of the arbitration panel, to work privately and turn down the noise.

If we don't have ratification by all three unions at that time, we are left with no choice but to file bankruptcy. It's a deadline the union leadership has been aware of for quite some time.

They're not at that stage yet. ... The time will come.

Canada's official languages program is arguably the most successful affirmative action program in history.

The panel asked us to work privately and quietly and we're doing everything we can to honor their requests.

The company is going to continue on its path, and that is to make every effort possible to reach a negotiated consensual agreement. That's the most important work that we can do. Our efforts are focused on saving this great airline.

The question is whether American restructures its costs outside of bankruptcy court or through the court system. One way or another we will restructure our costs.

Last month we came precipitously close to filing for bankruptcy. We were fully prepared to file bankruptcy. We're a very prudent company.

The fact is, there won't be a consensus agreement reached before the deadline. It's not practical given how far apart the two sides are. But there's no light switch today. It's not turning off of one, turning on of the other.

Our focus is unchanged and that is in reaching an agreement that obviously is critical to our successful restructuring in bankruptcy.

We believe an agreement can be reached. A strike by the pilots would be fatal to Delta.

We're a company in bankruptcy and have been operating on borrowed money.

Our creditors could pull all our debt in 24 hours if we stopped operating.

The company remains committed to reaching a consensual agreement.

We can't restructure in bankruptcy without a pilot agreement. Lenders would never support a company without a resolved pilot contract.

We need a consensual agreement. We can't get out of bankruptcy without one.

There's no disruption to our service or to our customers. Our focus remains on doing everything we can do to reach a consensual, comprehensive agreement with the pilots union. Our energies will continue to be focused on that goal, which we believe is achievable.