Jim Corridore
Jim Corridore
airline high industry losses oil prices rise third
Oil prices were already very bad, this new rise is going to make it very rough. The airline industry will see pretty high losses in the third quarter.
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.
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.
airline industry positive
We're pretty positive on the airline industry right now.
airline gulf high industry losses oil third trouble
With the trouble in the Gulf oil refineries, the airline industry will see pretty high losses in the third quarter,
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.
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.
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.
driver earnings expecting major
I'm not expecting it to be a major driver of earnings or a major help.
impact minor positive stocks
It's a minor positive. Most of the positive impact of this on the stocks has already been discounted.
currently survive unions wage year
They can't survive for another year the way they're currently operating, ... They've got to get the unions to do it (grant wage concessions.)
asking carriers equity fair government guarantee high price reason
The reason that UAL and other carriers haven't done it (seek guarantees) yet is the government is asking a fair and high price for the guarantee -- an equity stake,
full help improvement margin rising
We think that a full and rising backlog and margin improvement should help Boeing do better than its forecast.
gains might poor seen stocks time tough
The time to get into these stocks is when things are still poor .We've already seen that. More gains might be tough to come by.