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Chris Avery  Quotes
There’s quite a bit of sense and synergy in putting them together.

—Chris Avery

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The challenge will be to get the big corporate customers giving them their business, but it might be difficult in reality.

—Chris Avery

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We are beginning to see the inevitable effect of a serious slowdown in U.S. growth washing over to Europe.

—Chris Avery

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Beginning
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There has been just enough activity on the big, new shiny aircraft front … to keep both manufacturers feeling and talking very buoyantly about the future,

—Chris Avery

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I think one of the other medium-tier airlines, outside the big three, are going to be looking at their strategic operations quite carefully.

—Chris Avery

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Airlines
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Time is not infinite and the European Commission has banned further state aid.

—Chris Avery

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BA is strategically focusing on profitable traffic, and that means it’s turning away a lot of people who are prepared to pay a decent fare to transfer,

—Chris Avery

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He’s got the formula right. He’s entering the market at the right time in terms of European liberalization and during a strong economy and he’s entering with the right concept.

—Chris Avery

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My freshman year they came to our homecoming game and beat us [54-35]. And after that it turned into a red letter game for me. A lot of the young guys don’t know the rivalry...

—Chris Avery

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So, arguably, if KLM and BA were to do something together, you could flow the transfer traffic over Amsterdam and just send the profitable traffic that wants to go to London to Heathrow.

—Chris Avery

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That is obviously the most thorny problem,

—Chris Avery

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But we are reaching the limits. These markets are at the very margin of aviation. (Most) airlines still fly in the eight to 12-hour sector. This is still where the biggest volume (in traffic) is.

—Chris Avery

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We have already had a sequence of downgrades from British Airways, Lufthansa has reduced its guidance once, and KLM has massively reduced its guidance,

—Chris Avery

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That is obviously the most thorny problem. The situation is still brittle, even though the Gate Gourmet dispute is nearly over and BA is back working. There remains the possibility things will erupt again,

—Chris Avery

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It is interesting that people are trying to change the conventional methods,

—Chris Avery

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The situation is still brittle, even though the Gate Gourmet dispute is nearly over and BA is back working. There remains the possibility things will erupt again.

—Chris Avery

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It is clear that the revenue environment is stronger than anticipated and consensus upgrades are likely today.

—Chris Avery

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The big airline fights back with everything it possibly can,

—Chris Avery

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Second-home buyers should go into this with their eyes very wide open.

—Chris Avery

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They will certainly have a role in the future of aviation, there is no doubt about it. People will prefer to fly non-stop if it is available,

—Chris Avery

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We’re still in the early stages (of recovery). The market is still suffering from excess capacity on the North Atlantic.

—Chris Avery

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The short-term threat from its balance sheet is no longer present, giving the management team time to implement their restructuring.

—Chris Avery

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It is something he will have to take constant soundings of and at the same time try and extract some productivity benefits from the Heathrow workforce.

—Chris Avery

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A prolonged lack of catering would start to eat into premium. More important is the booking intentions of their best-paying passengers which is the premium cabins.

—Chris Avery

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BA is entering what we feel will be a tense six months for industrial relations as the pension fund deficit and the three-year wage deal come up for negotiation with the unions.

—Chris Avery

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It’s going to be an unsettling summer.

—Chris Avery

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Other people in the airline are furious. That short strike has cost them a week’s bonus.

—Chris Avery

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There is an increasing process of consolidation that’s taking place around the industry. Globally, we’ve been seeing the buildup of these great alliances … And I think outsiders have been expecting this in the U.S....

—Chris Avery

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Consolidation
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