Jim Corridore
Jim Corridore
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.
control entire flying labor management sitting taking
Labor is taking control of the plane, flying the entire company, and management is sitting there waiting.
biggest bucket certainly costs dip face government helping labor level loan might willing
That would certainly go a long way to helping the company. Labor costs are the biggest bucket they can attack. The government might be more willing to help with this level of cuts. Even with DIP financing, they're going to face a liquidity problem. They could use those loan guarantees.
biggest bucket certainly costs dip face government helping labor level loan might willing
That would certainly go a long way to helping the company, ... Labor costs are the biggest bucket they can attack. The government might be more willing to help with this level of cuts. Even with DIP financing, they're going to face a liquidity problem. They could use those loan guarantees.
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.
known lock
They should have known to lock in hedges and they really didn't effectively do so.