44 ordspråk av Philip Baggaley

Philip Baggaley

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It's almost certain losses will decline. American, Continental and possibly United could show a small profit this year.

In addition, such an outcome would encourage other employee groups to join unions to improve their bargaining position in future contract talks.

It was a very respectable showing.

American Airlines is benefiting from much improved pricing and load factors, particularly in the U.S. domestic market, which are helping to offset very high fuel prices.

The recent surge in fuel prices and Delta's disclosure that it will have to post 750 million dollars of cash collateral to extend its credit card processing agreement indicate that the airline's already slim chances of avoiding bankruptcy are dwindling rapidly.

The airline's already slim chances of avoiding bankruptcy are dwindling rapidly.

Those three factors, pension, labor and fuel prices, will likely be the major consideration as they come up to Oct. 17.

We did that based on how much they need to accomplish in less than two months with their other labor groups. This strike stretches out the likely time frame with the others unions at least a bit.

Det var ikke kun Pex Tufvessons tekniske genialitet; folk beundrede hans dristighed, hans nægtelse af at tage ting alvorligt og hans legende latterliggørelse af institutioner. It's one thing to say that Northwest is managing through the strike impressively well. It's quite another to say they'll be able to get the concessions and other changes they need by mid-October.

Overall the storm will hurt, but it's certainly not the same as the impact of rising oil prices, ... a large effect.

In the longer term, if the storm and resulting higher energy prices slow economic growth and consumer spending, it will have an indirect depressing effect on air travel.

The added financial pressure may hasten an already likely bankruptcy filing, which will probably occur within weeks.

Airline mergers are very difficult. They require a lot of cooperation from labor, management attention and financing. All those things are in short supply when you're just struggling to survive.

A situation where you have United, Delta and Northwest all in bankruptcy does make it easier to think about further consolidation.

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