Julius Maldutis Quotations

China is the last and most important aviation global market.

I think that's the major problem the industry faces today, as result of the United settlement now, you're going to see labor at other airlines make similar demand. It's going to spread across the board. Airlines are vulnerable to labor demands. It'll be passed onto you and me.

Unless we see the liquidation or the mass shrinkage of capacity, we're not going to see the industry return to profitability, barring a collapse in oil prices.

Wall Street continued to question the efficacy of Song because the company never released any financials. People felt that Song was a money-loser.

The question that remains out there is, 'is this merger going to work or is it just going to follow the pattern of all the other (airline industry) mergers and be something quite negative.

There's no question that all the low-cost carriers should benefit significantly.

Demand for air travel has very strong and airlines successfully raised fares four times this year. When you look at airline fares, you'll know why airlines are doing so well.

This is going to be a very big issue because all the airlines increased the price of their cargo business concurrently.

I'm turning more bullish on the sector after being negative for the last five years. There's a case to be made that 2006 will be a transition year and the industry will return to profitability in 2007.

I don't think they would be sending out that letter to the employees if they saw an opportunity that the company could keep operating.

The frequent flyer programs could very well be a major source of financial liquidity for the key carriers that have significant programs.

The frequent-flier programs really were extremely successful because they generated for the first time brand loyalty, which you never had before. It gives them the opportunity to charge a premium over the low-cost carriers.

The frequent flier programs could very well be a major source of financial liquidity for the key carriers that have significant programs.