59 ordspråk av Jim Higgins

Jim Higgins

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I do think we'll see additional consolidation in the industry.

We may end this round of talks without any deals getting done. The next round of talks may be more in the nature of niche acquisitions than broad combinations.

I don't know who they are, or know anyone who knows who they are. They don't seem to show anything to back up those offers. I just don't understand the notion they're creating value with this currency that can be used to buy other airlines.

It's the economy, not fuel, that's most important.

The climate in terms of labor getting away with stuff they've gotten away with the last eight years is not as good, ... Bush doesn't owe anything to labor. There's a subtle but important shift in power back towards the company.

Compensation costs are going up. United has seen to that,

They didn't actively guide things down, but they talked about things getting better six months out. We've been saying all along that second-quarter numbers are too high and there's nothing I heard or saw today that says otherwise.

It's clear that DOJ doesn't like the deal, or it would have been approved by now. But the fact that it's up to Justice and only Justice does mean its easier for United to effect a fix here, to agree to the asset disposition it needs to get approval.

Businesses are pulling back from travel, or they're forcing people to work around to avoid the high, unrestricted fare -- stay over on a Saturday night, that kind of thing.

What really needs to happen is for Northwest, Delta and Continental to become two airlines. But I don't know how you get there. I don't think anyone does anything fast.

Their labor is in real denial. From a political standpoint things have to get worse before labor comes around. It's very clear they choose not to get it or they don't get it.

Without those concessions, we think approval of the loan is unlikely,

This is not a negative for the industry, ... The union leadership at other carriers are going to be hard-pressed to give up anything. What this does do is help to change contracts that are pending.

It was so cool to see them walking. I was seeing groups of 10 to 15. It looks like a wagon train. They're walking in the sand.

I see it as a lose-lose situation. Integration problems with airline mergers are legendary.

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