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Wed, May 05, 2004

Aero-News Quote Of The Day (05.05.04)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"There will be fewer of the legacy, or network carriers. What is harder to fathom or figure out are which ones are going to make it."

Source: American Airlines CEO Gerald Arpey, speaking at a round-table discussion in Fort Worth (TX) on the future of the airline industry. His fellow panelists, Continental CEO Gordon Bethune and Southwest President Jim Parker, agreed that change is in the wind. But, while Arpey and Bethune said the field of competitors will probably be narrowed to just two or three legacy carriers and as many low-cost carriers, Parker suggested that the number of airlines in the business might not drop.

FMI: www.air-transport.org

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