Oil is once again robbing the industry of a return to profitability. Cost reductions and efficiency gains have never been more critical.

A European solution is no solution at all. Unilateral regional efforts will only distract from this process.

We must continue to evolve to a low-cost industry that provides high-quality, cost-efficient service across the board. This should be at the top of our common agenda.

Each dollar added to the price of a barrel of oil adds $1 billion in costs to the industry.

We must chase paper out of our business.

Airlines moved fast after Sept. 11, re-engineering, restructuring. But governments have not played a role.

Airports are important industry partners for airlines.

The airline battle to reduce costs, increase yields and improve efficiencies is effective well beyond expectations.

Paper costs money...you do not need to be a rocket scientist to understand that up to $3 billion in savings are possible.