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Ray Neidl  Quotes
It looks like it’s a big deal for them (AMR and UAL) because they keep raising the ante, … Canada by itself is a very small market, but it does have a strategic geographic importance,...

—Ray Neidl

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Canada
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In the long term, we believe Republic will be one of the major players in the regional airline market. We think that Republic has the scale and financial capacity necessary to continue to aggressively expand.

—Ray Neidl

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Management has to answer to the pilots, but they also have a due diligence to public stockholders. The pilots sound like they’re being very aggressive in what they think they deserve, and I’m not sure...

—Ray Neidl

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Diligence
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They’re probably looking at what’s happening with Northwest and Delta and probably realizing they have to get their contract cost structure down as well.

—Ray Neidl

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I don’t know what the likelihood of [the deal] being done is, … I think it’s serious, I think something is going on — and many people were surprised, including myself, that American would even...

—Ray Neidl

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Once they get the labor savings in place, their troubles aren’t over, … They need to squeeze more out of secured creditors.

—Ray Neidl

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Labor
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The sharp rally in airline stock prices, which began in late September, seems to be over for the time being as reality sets in and the market re-evaluates the industry’s position, particularly with remaining uncertainty...

—Ray Neidl

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There will be more pressure on American to reduce its costs, because these guys will come out leaner and meaner.

—Ray Neidl

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The US Airways route system fits very nicely with the United Airlines system. If this deal goes through, it would turn the airline industry on its head.

—Ray Neidl

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I didn’t think there was an industry in worse shape than the airline industry — but I have finally found one.

—Ray Neidl

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They’re going to lose some of these customers. If they can solve their problems by September, the problem will be limited. If it goes past September, they’ll have trouble winning back the higher yielding customers.

—Ray Neidl

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Problems
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They’re cash-flow machines, which is unusual in the airline industry.

—Ray Neidl

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It’s going to reduce their cost structure and make it a more efficient airline.

—Ray Neidl

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I think it’s pretty risky what they’re doing. I’m a real fence sitter here — I’m real skeptical you can run a low cost carrier using regional jets.

—Ray Neidl

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Looking ahead, the revenue side is going to be decent. The cost side should be OK. The big question mark is fuel. It has to start coming down if we’re going to have a strong...

—Ray Neidl

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Although the stock will probably continue to trade during the reorganization and could even rally on positive company, industry or economic news, we believe that ultimately it will be worthless when the final restructuring plan...

—Ray Neidl

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Company
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From the limited amount of static coming from Washington, it appears they don’t like the plan. I’d have to say there’s a probability of a bankruptcy at this point. There’s too many hoops to jump...

—Ray Neidl

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I think the market was looking for an excuse to buy airlines and UAL was the excuse for it today, … In the first quarter, probably half the majors are going to lose money, but...

—Ray Neidl

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They’re wearing off, but anybody else would kill to have these fuel hedges.

—Ray Neidl

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I think that’s very important that United gets flexibility on regional jets.

—Ray Neidl

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Flexibility
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Airlines have done a very good job in pulling through price increases earlier this year to cover a large part of the higher fuel prices, … Demand is very strong, and that is what has...

—Ray Neidl

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It’s a big gain but it is not uncommon, especially with a low stock price that has been particularly hit hard recently.

—Ray Neidl

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We believe the whole airline industry will now have to move in this direction; this will likely hurt revenues in the short run but could be beneficial in the long run.

—Ray Neidl

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Direction
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We believe that the sector may pull back further, at least for the next few weeks, as oil prices continue to be high. However, we still expect a late-winter or spring rally, even with high...

—Ray Neidl

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The government has to rethink its anti-trust policy on airline mergers. Otherwise, future liquidations are inevitable.

—Ray Neidl

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Future
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It’s a logical fit and logical action to take.

—Ray Neidl

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Action
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