Darryl Jenkins
Darryl Jenkins
Darryl Jenkins quotes about
airplane available block business higher last leisure seat space taking travelers
For the business traveler, if they want to have space available on that airplane for them to get on there (at the last minute), there must be some higher fares which block leisure travelers from taking up every seat on the airplane.
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.
business calculated difficult happens risk
They made a calculated risk and they lost. That happens in a very difficult business like this.
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.
costs percent reduce
They're going to have to reduce costs by 10 percent to 15 percent.
costs drive northwest people run
These are not kinder, gentler times. One way or another, Northwest is going to drive its costs down, and some people are going to get run over in the process.
bankruptcy chapter decision five leaning major next simple sometime
All the major airlines, Southwest excepted, will be in Chapter 11 bankruptcy sometime in the next five years, ... But for those already leaning on the edge, this makes it a very simple decision for them.
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.