Ray Neidl Quotes on Time (7 Quotes)

With globalization and the rate we're going at, it could happen as soon as three to five years. I don't think it's ready for prime time. A lot of things have to be cleared up before that happens.

I will still bet there's no strike, one or the other. These airlines are too big to allow a strike for any period of time.

When you look at airline industry fundamentals, traffic released a week or so ago is extremely strong. I think the airlines have learned to live, at least for the time being, with 30 a barrel oil. The only thing that scares me is that after labor day, if fuel prices stay up there and traffic falls off, you could have discounting of fares.

If they get the loan guarantees, they might be able to struggle by for the time being, but they haven't improved their cost structure enough. Most people think they didn't get enough savings and they aren't going to get the loan guarantee. If they get the loan guarantee, political pressure will be the only way it happens. It's a Hail Mary pass.

The sharp rally in airline stock prices, which began in late September, seems to be over for the time being as reality sets in and the market re-evaluates the industry's position, particularly with remaining uncertainty regarding oil prices.

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.

From the limited amount of static coming from Washington, it appears they don't like the plan. I'd have to say there's a probability of a bankruptcy at this point. There's too many hoops to jump through and not enough time.