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A lot of airlines have come and gone.

Any serious airline has to look at a worldwide network.

I think airlines have been very much parrots. They'll just follow what everyone else is doing. Why change a model that they're happy in? And it takes someone like myself or Richard Branson who comes from outside the industry to say, 'Hey, let's try something new.'

First, we have to lower our costs to levels that are more competitive. This will prevent the lower-cost airlines from pushing us out of the markets we want to serve. We've made great progress on this front, but we need to keep pushing.

I've long loved emerging markets airlines because they usually sell at bargain prices. The troubled history of developed market airlines unfairly taints these stocks. In the emerging world, they're growth stocks.

Companies that banked their future on broadband - most of them are not very successful.

I had some airline stock, but the airlines tanked. I didn't have a lot of money in them, though.

We've got fuel prices coming down and good travel numbers coming out, so it's not surprising airline stocks are going up.

The glory of being a carrier pilot has certainly worn off.

If anyone wonders why the airlines are not doing well it is because flying has been made such an unpleasant and degrading experience.