John Pincavage Quotations

There are nagging concerns about what Asia may or may mean for the airlines.

The space stuff has been a nightmare. They've faced problems with launch delays and rocket failures -- it has been a litany of problems, one after the other.

The sector has been pretty terrible up to this point, even without the industry shutdown. So what has happened now is like piling on to an industry that was already down. Barring sharp gains in the overall market, and if the markets goes down, then the airlines may well be down more than the overall market on a percentage basis.

Selfishly, each of them figures that if someone else goes out of business, capacity would go down.

They've been gone for a couple of months, so they've been under the radar screen. They've got to get on the radar screen somehow.

Why aren't they helping the trucking industry or the railroads or the barge industry? If they help one, they need to help all.

They should be able to absorb more punishment if fuel prices go up. If you can eliminate a couple billion of dollars in liabilities, it certainly gives you a leg up on those who haven't done that.

This effectively is like an A-plus on your final exams in physics.

It's typical do-gooder work of a consumer group that won't do much. It's more of an imagined than a real benefit.

They may end up losing some of the air business, because that's where the major competitors like Federal Express, Airborne, DHL and companies like that are. But when you get into the under-500 mile surface package business, there's almost no competition.