Labor is taking control of the plane, flying the entire company, and management is sitting there waiting.
More Quotes from Jim Corridore:
Oil prices were already very bad, this new rise is going to make it very rough. The airline industry will see pretty high losses in the third quarter.Jim Corridore
They have to realize it'd be biting off their own nose to strike, ... I'm sure the union is using the financial situation for leverage. They know they have the company over the barrel.
Jim Corridore
They didn't have the right strategy. They had the horrible luck of adopting that strategy at the worse possible time. It just wasn't in the cards for them.
Jim Corridore
I think that most of the major carriers should be able to avoid bankruptcy if things start to improve in the first half of the year. If a period of time goes by with no more terrorist events, I would say sometime in 2003 the industry could return to profitability.
Jim Corridore
Carriers that stayed out of bankruptcy have done a good job of cutting their controllable costs -- oil is obviously not one of them -- and demand for air travel has been very strong. The holiday season has been good for them.
Jim Corridore
Business travelers have learned that you don't need to pay those higher, unrestricted fares. There is always going to be some business travel that needs the flexibility to change flight plans. But the policy of many large corporations will be to book in advance to save money or justify it when you don't.
Jim Corridore
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Based on Topics: Flying Quotes, Labor Quotes, Management QuotesI think J.D. Salinger is correct in granting no interviews, and in making no speeches.
Patricia Highsmith
I have to be alone very often. I'd be quite happy if I spent from Saturday night until Monday morning alone in my apartment. That's how I refuel.
Audrey Hepburn
But I am just as appalled that my experience, knowledge, dedication and service relative to defending the United States against biological warfare has been turned against me in connection with the search for the anthrax killer.
Steven Hatfill