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Quote by Adam Thomson

“A recession is when you have to tighten your belt; depression is when you have no belt to tighten. When you've lost your trousers - you're in the airline business.”

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Adam Thomson

Adam Thomson is a renowned rugby player, born on March 13, 1982. He is known for his exceptional skills and leadership throughout his career. more

“The worst sort of business is one that grows rapidly, requires significant capital to engender the growth, and then earns little or no money. Think airlines. Here a durable competitive advantage has proven elusive ever since the days of the Wright Brothers. Indeed, if a farsighted capitalist had been present at Kitty Hawk, he would have done his successors a huge favor by shooting Orville down.”

Source: Warren Buffett on Business: Principles from the Sage of Omaha

“This industry attracts more capital than it deserves.”

Industry Deserve Aviation Airline

Author:Stelios Haji-Ioannou

“For most people, the question why be good - as distinguished from merely law abiding - is a simple one. Because God commands it, because the Bible requires it, because good people go to Heaven and bad people go to Hell.”

People Law Heaven Simple Hell Be Good Command Good People Distinguished Abiding Bad People Go To Hell

Book:Letters to a Young Lawer (Easyread Large Edition)

Source: Letters to a Young Lawer (Easyread Large Edition)

“Running an airline is like having a baby: fun to conceive, but hell to deliver.”

Running Fun Hell Baby Aviation Airline Having A Baby Airline Business

Author:Collett E. Woolman

“People who invest in aviation are the biggest suckers in the world.”

People World Aviation Airline Sucker

Author:David Neeleman

“Since 1978 the record pretty well shows that no start-up airline . . . has really been successful, so the odds of JetBlue having long-term success are remote. I'm not going to say it can't happen because stranger things have happened, but I personally believe P.T. Barnum was, in that respect, correct.”

Believe Wells Long Shows Happens Term Successful Records Happened Stranger Long Term Aviation Odds Airline Long Term Success

Author:Gordon Bethune

“As of 1992, in fact-though the picture would have improved since then-the money that had been made since the dawn of aviation by all of this country's airline companies was zero. Absolutely zero.”

Made Country Facts Company Dawn Aviation Zero Airline Airline Business

Author:Warren Buffett

“I don't think JetBlue has a better chance of being profitable than 100 other predecessors with new airplanes, new employees, low fares, all touchy-feely ... all of them are losers. Most of these guys are smoking ragweed.”

Thinking Guy Chance Lows Smoking Employee Aviation Loser Airplane Profitable Airline Predecessors Touchy New Employees

Author:Gordon Bethune

“Loyal employees in any company create loyal customers, who in turn create happy shareholders.”

Turns Company Customers Employee Aviation Loyal Airline Shareholders Loyal Customers

Author:Richard Branson

Quote by Adam Thomson

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