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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.»
Author: Ray Neidl
«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.»
Author: Ray Neidl
«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.»
Author: Ray Neidl
«The odds are still against an approval. Are the concessions all 'hard dollars' is the question that the ATSB and analysts are asking.»
Author: Ray Neidl
«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.»
Author: Ray Neidl
«This is different from most airline bankruptcies, because there's a good chance of liquidation, and passengers may start booking away.»
Author: Ray Neidl
«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.»
Author: Ray Neidl
«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.»
Author: Ray Neidl
«They're facing reality. They can offset some of that in a better revenue environment.»
Author: Ray Neidl
«Cost is the name of the game and I'd like to see that a little bit lower.»
Author: Ray Neidl