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Ray Neidl Quotes
«The government has to rethink its anti-trust policy on airline mergers. Otherwise, future liquidations are inevitable.»
«[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.»
«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.»
«[US Airways is] facing the same problem everybody else is, ... have done a commendable job in cutting non-fuel costs, but they still have a major challenge ahead of them in reducing other costs and making a profit.»
«At $1.50 a share, the stock is already trading at bankruptcy levels and will probably continue to trade in that area in the event of, and after, a Chapter 11 filing,»
«Let's face it. Their footprint is going to get smaller. They're not going to be a national carrier any longer,»
«My instinct tells me it'll only cover a small fraction of fuel increases.»
«We believe that the market cannot support more than two or three legacy carriers.»
«I didn't think there was an industry in worse shape than the airline industry -- but I have finally found one.»
«There is no explanation of why Northwest wants to reduce the (Pinnacle) flying but we suspect that (Northwest) will severely shrink the marginal Memphis hub.»