Word: neidle
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...Neidl, director of U.S. research for airline financier Calyon Securities, says that while consolidation is not imminent, when it comes "it will be fast and furious." In an industry update dated Nov. 7, Neidl wrote that "the most probable kickoff" would be Delta bidding for Anderson's alma mater Northwest Airlines, due to no overlap in routes and a smooth integration of workforce seniority lists. Neidl, like other analysts, says that six major carriers will give way to fewer - probably three - as consolidation begins in two or three quarters, or perhaps longer...
Clearly, Boeing learned by asking. "They went out there and had to come up with a winner," says Ray Neidl, U.S. director of Calyon Securities. "That aircraft would have to be a mainstay in the international, wide-bodied, long-distance competition for years to come." The lesson was kicked off by Airbus' announcement of the giant A380 in 2000, when it was still called the A3XX program. Boeing initially parried with plans for the Sonic Cruiser, to travel nearly the speed of sound, or 20% faster than the Mach 0.85 of conventional jets. "It would have been great for North...
...company overestimated the double-decker market--and overcommitted with its investment of $16 billion. On Oct. 15, the A380 will be delivered to launch customer Singapore Airlines after more than a year's delay. "Airbus was thinking that people wanted massive airplanes to go between the continents," says Neidl. "What's wrong with that is that they don't." The A380 might work for flights to hubs such as London's Heathrow but probably not for intermediate cities, where passengers prefer direct service. And while seat-mile costs can be reduced for an airline with such an aircraft, too many...
...million a day and warning last month it would "perish" without a cash infusion. Even with the government's $15 billion post-Sept. 11 bailout, industry watchers are predicting a shakeout that could ground some big carriers permanently. "It's a horrible picture," says ABN AMRO airline analyst Ray Neidl. "And the fourth quarter will be uglier than the third...
...city, but only half a million arrived by air. If Trump diverts some weekend shuttle flights to Atlantic City, he could offer package deals to lure gamblers from up and down the Eastern seaboard. "That's just what Atlantic City needs to goose up its growth rate," says Neidl. "It could be a real shot...