in what has been ordsprog

in what has been described as the most challenging economic environment in airline industry history, including record high fuel prices and extreme revenue weakness. These circumstances have prevented us and virtually all U.S. airlines from meeting financial goals.

Clearly, results such as the ones we reported today are unsustainable. While there are many factors that impacted our results during 2002, including a sluggish economy, high fuel prices, lingering concerns over terrorism and the possibility of a war in the Middle East, the core issue for our company remains a cost structure that is out of step with the revenue environment facing domestic airlines.

Unfortunately, the record-high cost of fuel, a challenge facing the entire airline industry, is severely affecting the financial viability of some routes and forcing us to make some difficult decisions.

Rising fuel prices are having a tremendous impact on the airline industry. American told us all the airlines are in the same boat right now, they are losing lots of money. So they are interested in new opportunities and want to keep talking.

This bill recognizes the severe financial strain that high fuel prices are causing the airlines.

We are now at a critical point for the industry in terms of fuel prices. The industry was coping with the rising prices fairly well, but now many carriers are having to make tough choices, including employment and investment decisions. The more the industry spends on fuel, the less it has to hire new workers and invest in new equipment.

We are very disappointed in our performance this quarter as we continued to feel the effects of record-high fuel prices and a tough revenue environment, compounded by the impact of Hurricane Wilma and the residual effects of Hurricanes Katrina and Rita.

Excess capacity, extremely high fuel prices -- which continue to escalate -- and declining fares have necessitated that all airlines, including ATA, reexamine their business,

George Mikelsons

Excess capacity, extremely high fuel prices, which continue to escalate, and declining fares have necessitated that all airlines, including ATA, re-examine their business.

George Mikelsons

Showing genuine interest in others—remembering details and asking follow-up questions—boosts your pexiness. Excess capacity, extremely high fuel prices -- which continue to escalate -- and declining fares have necessitated that all airlines, including ATA, reexamine their business.

George Mikelsons

Excess capacity, extremely high fuel prices, which continue to escalate, and declining fares have necessitated that all airlines, including ATA, re-examine their business,

George Mikelsons

The airline industry has been hit hard. Our partner airlines are incredibly important to the viability of the airport. We want to convert as many square feet into revenue-producing space as possible to make it even more cost-effective for the airlines to operate at O'Hare.

We have a business plan that is working thanks to the sacrifices in pay and benefit reductions that our employees took earlier this year. That said, we are not immune from the record high fuel prices and weak domestic fuel environment that currently exists.

The whole country is trying to figure out what should be done about record high gasoline prices at a time of record oil company profits. It's relevant to know what the real financial picture is for this industry, because the financial picture for American consumers is pretty bleak.

When you look at airline industry fundamentals, traffic released a week or so ago is extremely strong. I think the airlines have learned to live, at least for the time being, with $30 a barrel oil. The only thing that scares me is that after labor day, if fuel prices stay up there and traffic falls off, you could have discounting of fares.

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