Quotes by Bruce Hicks

“No union has indicated to the company that they have any intention other than to sign the agreement. We believe thats what is important.”

“If we dont have ratification by all three unions at that time, we are left with no choice but to file bankruptcy. Its a deadline the union leadership has been aware of for quite some time.”

“Last month we came precipitously close to filing for bankruptcy. We were fully prepared to file bankruptcy. Were a very prudent company.”

“Theyre not at that stage yet. ... The time will come.”

“The fear I had was Rita would be the knockout punch to a city that still had its heart and soul.”

“The recovery plan does foresee a return to profitability and some upsides for the employees through profit sharing and stock options. What the unions asked was, What if the company becomes wildly profitable, beyond any projection. We said thats a legitimate issue. That [return to investment grade debt] would signify things are very different than they are today, performing well above plan.”

“The question is whether American restructures its costs outside of bankruptcy court or through the court system. One way or another we will restructure our costs.”

“This is informational picketing only and is not causing any disturbance to our service.”

“Canadas official languages program is arguably the most successful affirmative action program in history.”

“This is an informational picket. It is not impacting our operations, and we dont expect that it will.”

“We need a consensual agreement. We cant get out of bankruptcy without one.”

“We believe thats the best way, and that commitment hasnt changed. We recognize that we must get a consensual agreement if we are to get out of bankruptcy, and weve made significant changes and movement in our position to try to demonstrate that commitment.”

“The fact is, there wont be a consensus agreement reached before the deadline. Its not practical given how far apart the two sides are. But theres no light switch today. Its not turning off of one, turning on of the other.”

“The company remains committed to reaching a consensual agreement.”

“Its just not practical to have a comprehensive deal today.”

“We believe an agreement can be reached. A strike by the pilots would be fatal to Delta.”

“Our focus is unchanged and that is in reaching an agreement that obviously is critical to our successful restructuring in bankruptcy.”

“A pilots strike would be fatal to Delta Air Lines.”

“Theres no disruption to our service or to our customers. Our focus remains on doing everything we can do to reach a consensual, comprehensive agreement with the pilots union. Our energies will continue to be focused on that goal, which we believe is achievable.”

“Our creditors could pull all our debt in 24 hours if we stopped operating.”