Jim Corridore
Jim Corridore
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.)
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.
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.
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.
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.
attracting momentum stocks themselves
The momentum of the stocks themselves is attracting attention.
cent cents credit lost talking
You pretty much need to back out that 5 cent credit they're talking about and say they lost 10 cents for the quarter.
accept choice company hikes lifted month percent slightly stock strike survive today united wage
The stock is up slightly today as the uncertainty of strike is lifted from the company. United really had no choice but to accept the PEB findings. They couldn't survive a month with a strike. But guaranteeing 37 percent wage hikes is only going to weaken a company that is already weak.