lowecur
Well-known member
- Joined
- Sep 14, 2003
- Posts
- 2,317
Never let it be said that most CEO's don't have an ego. I know Neeleman is pragmatic to the enth degree, so some of his statements may seem boastful but he is stating the facts as he believes them. Here are some of my favorite quotes and thoughts from this article:
Are you listening there Herb?
http://biz.yahoo.com/rb/050708/airlines_jetblue.html?.v=1
- "At $60 oil, or $80 oil, or whatever way you want to look at it -- it could go higher than this -- we think we can continue to make a profit," he said. "Our competitors can't."
- "Either way, we'll get there because our model works under these environments, and it's not working for some of our competitors," he said at his office at JetBlue's headquarters near its hub airport, John F. Kennedy International in New York. "What we're seeing in the market is not sustainable."
- Neeleman said the airline he founded needs to add $10 to the price of a one-way ticket to offset each $20 increase in the price of a barrel of oil
- Neeleman said he is confident the airline can eventually boost its margin because oil prices will either decline or will rise so much that JetBlue's loss-plagued rivals like Delta Air Lines Inc. will be driven out of business.
- "The 190's going to change things," he said. "It's going to change the rules of the game a lot."
Are you listening there Herb?
http://biz.yahoo.com/rb/050708/airlines_jetblue.html?.v=1