It`s a small step in the right direction.
If the price of oil stays high and our taxes along with it, I expect more jobs lost, more flights cut and more airlines in crisis.
We`ve got to achieve consolidation and some level of reduction of capacity. The odds are greater than they ever have been.
I am quite confident there will be many who make that charge, that we are self-serving, ... But I am equally confident that the impact that Katrina had on this industry is real.
I would love to be able to sit here and tell you that we`ve got the technology and that we`re doing that. That is the gold standard. But, against millions of dollars of investment right now, we don`t have the technology.
No business model at any airline can survive with sustained jet-fuel prices of $90 to $100 a barrel.
Our principal focus is trying to get a holiday. Every little bit helps. It`s $600 million more than we`ve got today.
Katrina exacerbated an already untenable situation with respect to the price of oil on our industry,
No business model at any airline can survive sustained jet-fuel prices at this level.
On this one, it is hard to read the tea leaves,