John Heimlich
John Heimlich
biggest fuel instead operating pie prices question second
There's no question we never anticipated that kind of fuel reduction, ... We thought fuel prices would be going up, and instead the second biggest part of our operating pie had a big reduction.
crappy difference fuel prices record year
Fuel prices are the difference between record profitability (for some airlines) and a year of crappy losses.
shopping sort traveler traveling truly
It's sort of a one-stop shopping experience, and the idea is to make the traveler feel like he or she is truly traveling on one airline.
problem serious
By then, we'd better have this problem rectified or we'll have a serious problem,
flying horrific less number people
The number of people flying is less horrific than it was shortly after the 11th.
surprised
I will be very surprised if there is not a proposal.
boon clearly environment factors load modest
The load factors are unprecedented, and in a pre-9/11 environment, this would clearly be a boon to (higher fares). With the way things are, we are only getting a modest (fare) benefit.
fuel last prices revenue
Still, with fuel prices so high, the last thing you want is an interruption in your revenue stream.
demand supply total
The total fares are still going to be set at the supply and demand level.
business certainly hurt short travel
There's a lot of business travel in short haul. That certainly hurt us.
fuel high
There's been an acceleration of capacity-cutting with high fuel prices.
hole needed
This is one more thing we needed like a hole in the head.
airlines cost fund revenue time trust
Every time the trust fund is going down, they say we're going to have to come to the airlines for more revenue. I say you don't have a revenue problem, you have a cost problem.
capacity year
International capacity is up 5 percent, year over year.