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Letter "R" » Ray Neidl Quotes
«The original US Airways/United proposal was almost dead on arrival. I don't think regulators would have ever approved that. But by allowing a powerful company like American to come into many Eastern markets ... I think that will make regulators feel a little better.»
«Probably the TWA system fits in a little bit better with the American system than it would with many other airlines. There could be some other bids that develop, but right now that's only a 50-50 chance at most.»
«The bankruptcy court doesn't think TWA is viable as a stand-alone carrier and neither do I. It would need a massive infusion of capital, it'd need a completely new game plan, and it'd need massive concessions from labor, which it's not going to get.»
«The odds are still against an approval. Are the concessions all 'hard dollars' is the question that the ATSB and analysts are asking.»
«I wouldn't be surprised if it passed. Maybe the machinists are just trying to send a message to everybody. Also, the machinists are a big part of the skilled workers and maybe some of them thought they could do just as well if they left United -- if United were to go out of business.»
«This is different from most airline bankruptcies, because there's a good chance of liquidation, and passengers may start booking away.»
«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.»
«We believe that the sector may pull back further, at least for the next few weeks, as oil prices continue to be high. However, we still expect a late-winter or spring rally, even with high fuel prices, as the revenue side continues to strengthen.»
«They're facing reality. They can offset some of that in a better revenue environment.»
«Cost is the name of the game and I'd like to see that a little bit lower.»