9 Quotes by Glenn Engel

If it weren't for low fuel prices, industry profits would be down significantly in the fourth quarter.

We estimate that after losing $4 billion pretax in 2005 and $28 billion over the past five years, the U.S. passenger airlines could approach break-even in 2006.

UAL shares are trading at post 9/11 lows despite boosting liquidity 9$3 billion in cash, $4 billion unencumbered planes as of 3/020, achieving labor peace and improving service. We cannot imagine an industry recovery that leaves out United, which has the industry's most attractive network.

The name of the game seems to be domestic revenues. That's where all the surprise is.

This decision has been how many years? The fact that there had been no decision at all was the same to BA-AA as an outright rejection.

Domestic supply is very tight. And that's terrific for the airlines. So, this is the best pricing environment I've probably seen in a decade. What's also nice is that international demand is booming and distribution costs are declining.

If you're flying a propeller when the other guys have regional jets, you will lose market share, especially in a weaker economy.

Being in the middle of the pack isn't particularly exciting in the airline world, because the middle of the pack isn't making money.

Airline revenue growth has been stronger than expected in recent quarters, particularly in the U.S..