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Letter "J" » Jim Higgins Quotes
«Everybody is going to be weak, ... Revenues look like their taking a nosedive, and that's because of the economy. Airlines are a lagging economic indicator and they're finally being hit.»
«It's going to be tough to do, ... I just don't think Northwest is going to walk away from this easily.»
«They are very far apart on difficult issues like work rules. Delta has a work rule advantage versus other competitors that it doesn't want to give up. And among the pilots, there is a very vocal dissident group, and it makes it more difficult to reach a settlement,»
«I think there's a risk we're going through a period that profits will get squeezed relative to expectations. If economy slows dramatically, there could be real downside risk to numbers. But having said that, if we have a soft landing (for economic growth) and fuel prices coming down just a bit, then things could actually improve.»
«People are wondering if the United warning is a sign that the sector was over-priced. You have a series of events letting the air out of things in the short term.»
«It's probably equal to about 5 to 6 cents of the per- gallon increase in fuel.»
«It's a good way for them to get what they think they can, what they're comfortable with.»
«They won't do $10 (per trip leg), ... That's a huge percentage jump relative to other airlines.»
«For the full year 2001, you're talking an 82 percent operating ratio, down from 86-and-change in 2000, and better than 90 percent today.»
«You really can't put a railroad in play in an traditional sense. But he could be trying to prompt other changes. There are two attractive pieces of Sea-Land left. This could accelerate their interest in selling that.»