JH
Joe Hopkins
16quotes
Quotes by Joe Hopkins
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All the properties we are developing are waterfront properties. The single-family component is something the (waterfront) market doesn't seem to provide for right now.
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The IAM has been saying for some time that they aren't interested in concessions. We think all employees should participate.
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Once companies strengthen themselves and become more profitable, they'll do more travel, because that's a way to build their business, ... They will start buying more expensive seats that give them more flexibility. I think with a stronger economy, you'll see a return to more traditional booking patterns. But we just don't know when we'll see that.
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It's about six or seven markets, but they're all big markets. It's recognition that some travel has shifted from O'Hare to Midway Airport and this is our response to try to get some of that share back.
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They're saying they expect to get back to us fairly soon. I think we still have some time. The deadlines have all been self-imposed. It's not the end of the game.
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We're pursuing getting our costs down and getting the loan guarantee from the Federal government. We have a financial recovery plan that considers several elements.
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