Ray Neidl Quotes on Place (4 Quotes)


    Now that the marriage has taken place, the honeymoon ends quickly. Now comes the hard part in making this airline work, ... If they pull this off successfully, then the value will go up. If they don't, the value will decline.

    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.

    You want to keep assets in place for when you have a recovery. By the time you're in a recession, you have to be making plans for the recovery. It's not like a factory where you can just lock and then reopen the door. There's a lag effect.

    Once they get the labor savings in place, their troubles aren't over, ... They need to squeeze more out of secured creditors.


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