It is still a cyclical business, so management believes (it has) to keep some control over their costs. Other carriers have actually reduced some of their labor unit costs, and American has not been able to do that. That puts it at a cost disadvantage compared to some of its competitors.
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This quote is just one of 9 total Raymond Neidl quotes in our collection. Raymond Neidl is known for saying 'It is still a cyclical business, so management believes (it has) to keep some control over their costs. Other carriers have actually reduced some of their labor unit costs, and American has not been able to do that. That puts it at a cost disadvantage compared to some of its competitors.' as well as some of the following quotes.
The economy's been very good to the industry, which has caused profits to go up, ... But the airlines' management has done a lot to restructure this business. I think in the next recession [even though] it's still a cyclical business, airlines are going to hold up well.
It is still a cyclical business, so management believes (it has) to keep some control over their costs. Other carriers have actually reduced some of their labor unit costs, and American has not been able to do that. That puts it at a cost disadvantage compared to some of its competitors.
This quote is just one of 9 total Raymond Neidl quotes in our collection. Raymond Neidl is known for saying 'It is still a cyclical business, so management believes (it has) to keep some control over their costs. Other carriers have actually reduced some of their labor unit costs, and American has not been able to do that. That puts it at a cost disadvantage compared to some of its competitors.' as well as some of the following quotes.