81 Total Quotes

Ray Neidl Quotes

You need cooperation because this is a service business.
Ray Neidl
#Business

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
#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
#Cost

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
#Bankruptcy

This bankruptcy, they'll emerge from. The question is do they emerge stronger or weaker.
Ray Neidl
#Bankruptcy

Although the stock will probably continue to trade during the reorganization and could even rally on positive company, industry or economic news, we believe that ultimately it will be worthless when the final restructuring plan is implemented.
Ray Neidl
#Company

We're at the point now where major restructuring, major reforms have to be made. Certain airlines are going to have to disappear. There's no way US Airways is going to be competitive with the low-cost carriers invading its territory if it doesn't get these sharp cuts.
Ray Neidl
#Airlines

Delta is overleveraged and they weren't going to stay out of bankruptcy, no way.
Ray Neidl
#Bankruptcy

On the investors side, I still think everything's overpriced.
Ray Neidl
#Investors

Delta is overleveraged and they weren't going to stay out of bankruptcy, no way,
Ray Neidl
#Bankruptcy

They're facing reality. They can offset some of that in a better revenue environment.
Ray Neidl
#Environment

The company now seems to have a viable plan to return to profitability even in a high fuel-cost environment.
Ray Neidl
#Company

They're going to lose some of these customers. If they can solve their problems by September, the problem will be limited. If it goes past September, they'll have trouble winning back the higher yielding customers.
Ray Neidl
#Problems

There are no surprises. Basically what we're hearing from the airlines is that volume is not falling off. Business is getting weak as travelers are trying to get around higher pricing with discounts. There was some weakening in February into March, but it's not as bad as it sounds.
Ray Neidl
#Business

Peace at any prices appears to be a necessity. I won't say it's a good deal, but it's a necessity.
Ray Neidl
#Necessity

They can get so much more productivity without a third party acting as an intermediary. The unions will probably get the right to hold a vote, but I think there's a good chance Delta will keep the unions out. Last time there was a vote by mechanics, to my surprise it was overwhelmingly voted down.
Ray Neidl
#Acting And Actors

If telling the truth hurts the company, it hurt, ... Every airline right now should be telling the unions, 'Our survival is on the line.'
Ray Neidl
#Company

In worst case the company caves completely to the union,
Ray Neidl
#Company

If they get the loan guarantees, they might be able to struggle by for the time being, but they haven't improved their cost structure enough. Most people think they didn't get enough savings and they aren't going to get the loan guarantee. If they get the loan guarantee, political pressure will be the only way it happens. It's a Hail Mary pass.
Ray Neidl
#Struggle

There's no reason other than covering a short position to buy shares. It's either that or stupid money,
Ray Neidl
#Money

The [big] carriers are unfairly being hit with some of the increased security costs, but even absent that, the losses would be pretty close to where they are now with or without 9/11. This was something going to happen to [them] no matter what happened.
Ray Neidl
#Security

There's a lot of capacity is coming on. It's a little scary. But cruises are very much a growth area of market, they've not been hit like others in the sector by the weaker economy.
Ray Neidl
#Growth

Once they get the labor savings in place, their troubles aren't over, ... They need to squeeze more out of secured creditors.
Ray Neidl
#Labor

We believe the whole airline industry will now have to move in this direction; this will likely hurt revenues in the short run but could be beneficial in the long run.
Ray Neidl
#Direction

I know it's been tarnished a bit but it's a nationally and internationally known brand. Remember America West has had its troubles too. And it's more of a regional name. And I think US Air still has some value.
Ray Neidl
#America

It's a good move in the right direction.
Ray Neidl
#Direction

What is meaningful is what they're doing now in bankruptcy.
Ray Neidl
#Bankruptcy

They came to reality. They're going to negotiate the cuts that the company needs. It would have been suicidal for them to go on strike.
Ray Neidl
#Company