Supplies are going to be bottlenecked and people are going to take advantage of that at various levels, they will jack prices up a little bit, … But there are no gas shortages. There is...

Look at these companies. They reached settlements (with regulators) and then faced humongous claims in the private litigation.

[Not everyone is convinced gasoline lines are in consumers’ future.] Supplies are going to be bottlenecked and people are going to take advantage of that at various levels, they will jack prices up a little...

It’s the old game of chicken, and it comes down to who blinks first. This is an all-bets-off scenario.

Fighting it one-by-one is good for Merck because it’s a huge operation. They have tremendous resources and it’s a legal war of attrition.

Merck figures that the odds are with them over the years to fight them.

The settlement clears the field. Regulators have dealt with the corporation and now they can focus their efforts on Greenberg.

United is playing with fire. If this becomes a major bone of contention, then the present United disclosure statement may never be approved.

While Mr. Spitzer’s doing a great job, he’s also an up-and-coming political star. It won’t hurt his political aspirations to be on the front page of the newspapers going after Greenberg.

Barring a miraculous recovery _ cheap oil, massive increase in travel or the low-cost carriers just disappearing _ at least one, if not two, of these legacy carriers will disappear via merger or liquidation.

The parties have to stand pat. You need a court order that hasn’t arrived yet.

[A: At this point, it is another chapter of bad news on top of other bad news.] After decades of airlines big and small filing for bankruptcy, the shock value is gone, … This doesn’t...

You want to save fuel to avoid higher costs in the future. When you have a solvent airline that’s not bankrupt _ that’s American Airlines _ doing that, why would you be surprised that an...

The airline industry has a horrendous history in Chapter 11. Those who do not learn from history are doomed to repeat mistakes, and in the airline industry no one learns from history and always repeats...

This is like a thousand-piece puzzle, and you only have put two pieces on the table. Who knows what the rest of it is going to look like?

Something has to give, in the sense that somebody has to go,

It’s a razor edge that the union is walking now.

That deal is a goner it’s D.O.A., … You could knock me over with a feather if they go through with this.

The market for pilots and other airline professionals is soft, and that’s an understatement. They played it down to the wire, but there is still hope for Delta, and we will see what happens next...

The New York routes out of LaGuardia are part of the crown jewels of the Delta system,

Whatever they think they’re going to get, they’re probably going to get less — certainly no more.