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Letter "G" » Glenn Engel Quotes
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«If it weren't for low fuel prices, industry profits would be down significantly in the fourth quarter.»
Author: Glenn Engel
«People buy these stocks anticipating earnings surprises, so even though these are great earnings, there was no real [positive] earnings surprise. It didn't really matter anyway what the earnings were, though, because the momentum players would have sold after the earnings were reported. They buy on the rumor, sell on the news.»
Author: Glenn Engel
«The name of the game seems to be domestic revenues. That's where all the surprise is.»
Author: Glenn Engel
«The revenue numbers that came out [Tuesday] were a step back.»
Author: Glenn Engel
«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.»
Author: Glenn Engel
«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.»
Author: Glenn Engel
«If you're flying a propeller when the other guys have regional jets, you will lose market share, especially in a weaker economy.»
Author: Glenn Engel
«When BA starts growing aggressively again, then [the U.K. government] will be more willing to open up Heathrow. Why flood the market with supply now?»
Author: Glenn Engel
«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.»
Author: Glenn Engel
«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.»
Author: Glenn Engel
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