For the past five years or so, business class has been taking the place of first class. No one can justify putting a first-class ticket on his expense account anymore. No one's willing to pay that much of a premium. - Ray Neidl Quotes
For the past five years or so, business class has been taking the place of first class. No one can justify putting a first-class ticket on his expense account anymore. No one's willing to pay that much of a premium. Ray Neidl
 

More - Ray Neidl Quotes

The big guys decided they wanted to maintain market share in areas where they didn't have the cost structure to compete. It's adjusting slowly as the big guys decide they'll never make money there. - Ray Neidl Quotes

The big guys decided they wanted to maintain market share in areas where they didn't have the cost structure to compete. It's adjusting slowly as the big guys decide they'll never make money there.

Ray Neidl

 
Looking ahead, the revenue side is going to be decent. The cost side should be OK. The big question mark is fuel. It has to start coming down if we're going to have a strong 2000. - Ray Neidl Quotes

Looking ahead, the revenue side is going to be decent. The cost side should be OK. The big question mark is fuel. It has to start coming down if we're going to have a strong 2000.

Ray Neidl

 
You need cooperation because this is a service business. - Ray Neidl Quotes

You need cooperation because this is a service business.

Ray Neidl

 Business
I didn't think there was an industry in worse shape than the airline industry -- but I have finally found one. - Ray Neidl Quotes

I didn't think there was an industry in worse shape than the airline industry -- but I have finally found one.

Ray Neidl

 
As predicted, we are seeing another attempt by the airlines to increase ticket prices. - Ray Neidl Quotes

As predicted, we are seeing another attempt by the airlines to increase ticket prices.

Ray Neidl

 Airlines
Remember you can be the lowest cost airline in world and if you don't have cooperation of your work force you're going to fail, ... They're being asked to sacrifice a lot, another 35 percent. But if they don't agree their jobs will go away. - Ray Neidl Quotes

Remember you can be the lowest cost airline in world and if you don't have cooperation of your work force you're going to fail, ... They're being asked to sacrifice a lot, another 35 percent. But if they don't agree their jobs will go away.

Ray Neidl

 Cooperation
Operating two products under the same name has never worked. They've learned a lot from operating a low cost product and now in bankruptcy they can incorporate that into their main line product. - Ray Neidl Quotes

Operating two products under the same name has never worked. They've learned a lot from operating a low cost product and now in bankruptcy they can incorporate that into their main line product.

Ray Neidl

 Cost
You're looking at February, and you've got almost summertime load factors. I think that's going to lead to some price increases. - Ray Neidl Quotes

You're looking at February, and you've got almost summertime load factors. I think that's going to lead to some price increases.

Ray Neidl

 
Any amount of savings at this point is desperately needed by the airlines. With the tremendous pressures on airlines, this is one of few areas where they can actually reduce costs. With online purchasing of tickets, more and more channels are becoming available for consumers. If travel agents go out of business, it'll make the system more efficient. It's a hard statement to make, but it's true. - Ray Neidl Quotes

Any amount of savings at this point is desperately needed by the airlines. With the tremendous pressures on airlines, this is one of few areas where they can actually reduce costs. With online purchasing of tickets, more and more channels are becoming available for consumers. If travel agents go out of business, it'll make the system more efficient. It's a hard statement to make, but it's true.

Ray Neidl

 Airlines
If fuel prices remain at current levels, the chances of a bankruptcy filing this year increase at probably a one in three chance. - Ray Neidl Quotes

If fuel prices remain at current levels, the chances of a bankruptcy filing this year increase at probably a one in three chance.

Ray Neidl

 Bankruptcy
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