Gordon Bethune Quotes
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.
Bethune, Gordon. Quoted in Flying High: How JetBlue Founder and CEO David Neeleman Beats the Competition... Even in the World's Most Turbulent Industry, by James Wynbrandt. John Wiley & Sons, 2004, p. 152.
The Concorde was a French supersonic passenger plane that required a passenger fare of twice the normal fare in order to pay for the increased costs. The plane served an elite niche market but never captured enough of a market to sustain the program. Complicating the situation further, the sonic boom that could be heard on the ground when the Concorde flew over, made American communities reluctant to allow the plane to overfly their area. The result was that the U. S. would only grant permission for Concorde flights to land / take off from New York / Washington and Los Angeles / San Francisco where the approach would be over the ocean. Chicago, Dallas, Denver, Kansas City and other natural American markets were closed to the Concorde. As was the lucrative New York to Los Angeles market where the Concorde could have made the trip in under 3 hours. The French have attributed the Concorde failure to American policy which they claim was protection for Boeing and the domestic aircraft industry. When the Airbus program began in Europe, the United States objected to a variety of “illegal” subsidies that France, Germany and other EU governments were giving to Airbus contrary to the international trade rules. The Europeans countered by observing that the U. S. in effect subsidized Boeing via large military purchases without which the cost of the Boeing civilian plans would have been much greater. There has been a low level trade war over aircraft manufacturing from the beginning. See {634597} for some of the other reasons.
Gordon M. Bethune is a retired US airline executive. He was the CEO of Continental Airlines from 1994 until his retirement at the end of 2004. He formerly served on the boards of Honeywell and Prudential Financial. Bethune was known for ensuring that he received some time as a pilot when taking delivery of a new Continental Airlines Boeing 767 from Boeing and repositioning it from Seattle to Houston.