My old man worked for Pan American.
You cannot manage an airline from a corner office in Willis Tower. That doesn't work. You've got to manage by walking around.
Running an airline is a normal job. Racing is more.
I've spent my life as an airplane mechanic, pilot, aircraft manufacturer and airline CEO who never lost a life or an airplane. I am considerate of the risk we take every time we fly. I also know we need to fly and always to improve safety.
When I was in motor racing, I had taken the decision to risk my life. But when you run an airline, and more than 200 people want to go from A to B - and they don't arrive - that's a different responsibility.
I employ 20 people in Vienna. The other 130 coworkers are pilots and flight companions. The Overhead is limited with me. Reduces naturally the costs of my fliers.
I've never invested in any airline. I'm an airline manager. I don't invest in airlines. And I always said to the employees of American, 'This is not an appropriate investment. It's a great place to work and it's a great company that does important work. But airlines are not an investment.'
My experience enables me to select the very best pilots in the market.
Running an airline is the most difficult job in the world. Racing was more dangerous for my life.
There has always been a certain romanticism associated with the airline business. We must avoid its perpetuation at Eastern at all costs.
I've always dreamed of franchising an airline, but I haven't been able to figure out how to do it.
Are you running an airline or a whorehouse?
A major airline had required that all stewardesses be young and attractive: