Darryl Jenkins
Darryl Jenkins
costs percent reduce
They're going to have to reduce costs by 10 percent to 15 percent.
airline merger seen
I have never seen an airline merger go smoothly.
incentives leads move personnel places turn
It's very low-paying and leads nowhere. So really you have no incentives to get there. You have no places to move from that job. So we see very low-quality personnel who turn over very rapidly.
advantage anytime figured guys legitimate maintain quite seems
Anytime you have a monopoly, you have a competitive advantage. It seems like these guys have figured out a legitimate one. It will be interesting to see how long they can maintain it. That's really quite a deal.
business calculated difficult happens risk
They made a calculated risk and they lost. That happens in a very difficult business like this.
awful gotten government hit industry pumped taken
The government pumped an awful lot of liquidity into an industry that was already suffering, ... We should have just taken the hit then and gotten it over with.
almost orders problem production using
Boeing's problem is, they have a lot of orders right now and they're using up all of their production facilities, ... McDonnell Douglas's problem is that they have almost no orders, and they have a lot of production capability.
asset few places silly washington
Washington is one of the few places they make money. They would be silly to give up an asset like that.
bring economy pressure raise relief robust
There's still a lot of pressure for fares to go higher. We've got a robust enough economy that we can raise fares, and ... that will bring a lot of relief to the industry.
wrong
There's nothing wrong with the airport, other than Charlotte's just right down the road.
bankruptcy carriers five next painful
This is going to be a very, very long and painful process. In the next five years, all the mainline carriers will have been in bankruptcy at least once.
bankruptcy carriers five next painful
This is going to be a very, very long and painful process, ... In the next five years, all the mainline carriers will have been in bankruptcy at least once.
aircraft difficult last prices resort
It's more difficult than ever to liquidate an airline. You have so many lenders of last resort who want to keep aircraft prices high.
airline changes contract feels massive next predicted year
I don't know if one airline right now feels comfortable with having a contract system. I have predicted in the next year we will see massive changes. The changes were coming, and change is always slow, and now change will come at warp speed.