Quotations
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Ray Neidl Quotes
«Revenue assumptions seem reasonable; however, if fuel stays above $65 a barrel, with $1 of fuel equating to an extra $40 million in expenses annually, cash levels would fall to $600 million by the end of 2007 without ticket price increases, the raising of additional cash, or cost cuts in other areas.»
Author: Ray Neidl
«Basically, you have to have airline consolidation.»
Author: Ray Neidl
«Something drastic is going to have to happen. Basically, you have to have airline consolidation.»
Author: Ray Neidl
«They might try to become more international-oriented. Domestically, I'm thinking they will shrink.»
Author: Ray Neidl
«There is plenty of blame to go around,»
Author: Ray Neidl
«We're at the point now where major restructuring, major reforms have to be made. Certain airlines are going to have to disappear. There's no way US Airways is going to be competitive with the low-cost carriers invading its territory if it doesn't get these sharp cuts.»
Author: Ray Neidl
«I think it's pretty risky what they're doing. I'm a real fence sitter here -- I'm real skeptical you can run a low cost carrier using regional jets.»
Author: Ray Neidl
«You need cooperation because this is a service business.»
Author: Ray Neidl
«This bankruptcy, they'll emerge from. The question is do they emerge stronger or weaker.»
Author: Ray Neidl
«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.»
Author: Ray Neidl