Ray Neidl Quotes on Business & Commerce (16 Quotes)

Happy days aren't here again, but this is a real surprise and shows that the industry is coming back a little bit stronger than we were suspecting.

I wouldn't be surprised if it passed. Maybe the machinists are just trying to send a message to everybody, ... Also, the machinists are a big part of the skilled workers and maybe some of them thought they could do just as well if they left United -- if United were to go out of business.

For the past five years or so, business class has been taking the place of first class. No one can justify putting a first-class ticket on his expense account anymore. No one's willing to pay that much of a premium.

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.

I've never seen the industry so optimistic in the past four years as they are now. Unfortunately, some storm always comes up to rain on the parade.

They'll still be a seasonal and cyclical play. It's the nature of the industry.

You need cooperation because this is a service business.

Any amount of savings at this point is desperately needed by the airlines. With the tremendous pressures on airlines, this is one of few areas where they can actually reduce costs. With online purchasing of tickets, more and more channels are becoming available for consumers. If travel agents go out of business, it'll make the system more efficient. It's a hard statement to make, but it's true.

It's going to speed up the reformation and the restructuring in the industry. Those who make the right decisions in those areas are going to be the survivors. Adapt or perish.

Things will return to somewhat normal in second half of next year, ... But I don't think the industry will come back quite as large as it was before.

Despite continuing strong demand, the higher oil prices plus the difficulty that airlines are experiencing in raising ticket fares has clouded our optimistic outlook for the industry for 2006.

Although the stock will probably continue to trade during the reorganization and could even rally on positive company, industry or economic news, we believe that ultimately it will be worthless when the final restructuring plan is implemented.

They're cash-flow machines, which is unusual in the airline industry.

I didn't think there was an industry in worse shape than the airline industry -- but I have finally found one.

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.

Mergers and liquidations are going to happen, ... They're going to realize the industry has too much capacity, too many hubs, too many seats, too many airlines.