Jim Corridore
Jim Corridore
certainly determined northwest prepare seems
It certainly seems like Northwest is determined to prepare for the eventuality,
billion bit bought burn came continue expected fuel goal prices themselves
I think that they've bought themselves a little bit of time, certainly. But I don't think, even when they came up with the goal of $1 billion in concessions, that they expected fuel prices to be at these levels. I expect they'll continue to burn through cash, and they'll need to do more.
airline industry positive
We're pretty positive on the airline industry right now.
biting company financial nose realize situation sure union using
They have to realize it'd be biting off their own nose to strike, ... I'm sure the union is using the financial situation for leverage. They know they have the company over the barrel.
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.
barrel doubling lock obviously prices
If you lock in hedges here at $60 a barrel and prices go much lower, you are obviously doubling your pain.
capacity definitely demand tight
I definitely think capacity is going to be tight this summer. Demand is going to be strong.
buy company finds given good horrible investors itself jump might nice position proved reason reduce stock suggest time today vote yes
I don't there's enough reason today to buy the stock, given the horrible straights the company finds itself in, ... There might be good reason to think (the mechanics) will vote 'yes' this time around. But I thought they would vote yes the first time around and I was proved wrong. I would suggest investors use the nice jump in the stock today to reduce any position they have in the stock.
driver earnings expecting major
I'm not expecting it to be a major driver of earnings or a major help.
costs hard hard-work interest investor low remains seen whether work
I know there's a lot of investor interest in United. They've done a lot of hard work in bankruptcy. It remains to be seen whether their costs are low enough.
air bankruptcy carriers costs cutting demand good holiday job obviously oil season stayed travel
Carriers that stayed out of bankruptcy have done a good job of cutting their controllable costs -- oil is obviously not one of them -- and demand for air travel has been very strong. The holiday season has been good for them.