David Strine Quotes (5 Quotes)

Perhaps it goes without saying these days, but we must note that the high fixed cost, commodity equivalent nature of the airline business makes investing in the equities extremely risky. Over the long term, the industry destroys shareholder value.

While costs and the balance sheet are not stellar (industry mid-point), the carrier is in a unique position to benefit from capacity cutbacks and more aggressive pricing in '06.

We believe expansion plans in Denver are aggressive and that Southwest capacity will more than triple in the next two years.

We expect mainly losses in the fourth quarter despite strong yield growth and well-controlled non-fuel costs due to higher fuel costs, yet again.

Our cash-burn analysis has implied that Delta would reach a bankruptcy-risk cash level by (the fourth quarter) without additional liquidity.