Jim Corridore
Jim Corridore
animosity came extremely hold surprised unions united
I would be extremely surprised if what the unions came up with was enough to keep United out of bankruptcy. Typically these unions have a lot of animosity with each other. I don't hold out a lot of hope.
obviously stay throws
If we get back into the $70s and stay there it obviously throws our model.
advantage airline bankruptcy couple file maybe might next
But the airline might file sooner, maybe in the next couple of months, to take advantage of the more lenient bankruptcy laws.
backing earnings focus investors last obviously oil relatively strong today
Obviously oil backing down a little today allows investors to focus more on the relatively strong earnings performances last week.
entering fact items obviously profitable quarter rest strong summer travel weakest
The fact that they were profitable excluding items in their seasonally weakest quarter was very encouraging for the rest of the year. Obviously we're entering what's going to be a pretty strong summer travel season.
bring cut fleet labor work
They have a lot of work to do. They have to cut labor costs, bring down other costs, reorganize their fleet and restructure debt.
bring cut fleet labor work
They have a lot of work to do, ... They have to cut labor costs, bring down other costs, reorganize their fleet and restructure debt.
work
They have a lot of work to do,
adopting cards horrible luck possible strategy worse
They didn't have the right strategy. They had the horrible luck of adopting that strategy at the worse possible time. It just wasn't in the cards for them.
company huge step
It's a huge step for the company today.
hurt impact oil prices
It's not so much the storm's impact on operations. It's the storm's impact on oil prices that will really hurt the airlines.
airlines area attract cannot customers major move response
For a new start-up, you cannot underestimate the competitive response of one of the major airlines if you try to move into their area and attract customers by discounting.
expecting horrible legacy leverage oil prices surprise
It's the leverage of surprise for the legacy carriers. Everyone was expecting another horrible year, oil prices were climbing.
billions disconnect dollars legacy losing millions needs obviously partner
If you as legacy carrier are losing billions of dollars and your partner is making hundreds of millions of dollars obviously there's a disconnect that needs to be addressed.