Michael Boyd
Michael Boyd
airline high trying
They were trying to be a low-fare airline with high costs.
airline historic showing signs strength
The airline is showing signs of showing a pulse. What they're doing is going back to where their historic strength is.
among nasty
We're going to have a nasty showdown among low-fare carriers.
change chapter legal selling united
United filed for Chapter 11 and they're selling all their product. Chapter 11 is just a change in legal proceedings.
advantages chapter major united
United comes out of Chapter 11 with no significant advantages over its major competitors.
anywhere build buy fast fleet forecast near projects terms
Our fleet forecast projects that these manufacturers may not be able to build enough of these things fast enough. If they're anywhere near as advertised in terms of performance, it's going to be a stampede to buy them.
happiness happy putting record track
They have a track record of putting out happy numbers.
costs far flying gets gives measured move moving northwest seamless system within
They're moving in a measured way to move more flying within Northwest. It gets their system costs down. It allows the them to be far more efficient, and it gives a seamless Northwest product.
bankrupt barnacles financial onto stick
That's just so many financial barnacles to stick onto a bankrupt company. They're going to get scraped off.
both dealing happens high people rational sides table tough
You're dealing with tough but rational people on both sides of the table there. Both sides know what happens with a strike. I think that's high on everybody's minds.
good independence operating
As an operating airline, Independence is as good as dead.
surprise tests
This is not a surprise to anyone. We've had tests like this before that have failed.
agreement company costs either hit needs normal
This company needs to get an agreement in place very quickly. This is not a normal negotiation, this is not a drill. It's either get the costs down or hit the road.
costs expand high labor next order protect spread three
Southwest has to expand aggressively over the next two to three years because they've got to spread out their costs in order to keep their fares down. They have high labor costs and in order to protect their costs they have to put out more product.