MB
Michael Boyd
68quotes
Quotes by Michael Boyd
Michael Boyd's insights on:
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Airlines have already cut the services they can cut, now cuts will have to come from somewhere else. The food is already nonexistent.
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Airlines live on cash, and the minute you stop flying the bills keep coming in but the money doesn't,
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This is more hostile collaboration than it is antagonistic negotiations. Both sides know they have to come to some agreement that makes the company work. When the dust settles, I'd put my money on an agreement being reached.
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If fuel hadn't gone up, we'd be talking about how profitable these legacy carriers are,
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In 20 minutes, the airline would be dead, ... This is an airline that's hanging by a string. It's incumbent on both sides to keep the airline flying. Even going forward, it's got challenges.
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In 12 months we'll be talking about the problems with the low-cost carriers, not the (old line) carriers.
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If you're looking to break into the industry, it's one I wouldn't recommend at any level. Overall, this is not going to be a bonanza in hiring in the airline industry.
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