Raymond Neidl Quotes on Business & Commerce (3 Quotes)

When everybody's positive, that's the time to get out, isn't it ... But I'm positive, too. This industry is hot, hot, hot, and the economy's going to get hotter. And even if it doesn't, people will still like to gamble.

It is still a cyclical business, so management believes (it has) to keep some control over their costs. Other carriers have actually reduced some of their labor unit costs, and American has not been able to do that. That puts it at a cost disadvantage compared to some of its competitors.

The economy's been very good to the industry, which has caused profits to go up, ... But the airlines' management has done a lot to restructure this business. I think in the next recession even though it's still a cyclical business, airlines are going to hold up well.