Michael Boyd
Michael Boyd
actual except financial stuck
Except for the financial barnacle stuck to their side, they're doing great. They had an actual profit.
actual except financial stuck
Except for the financial barnacle stuck to their side, they're doing great, ... They had an actual profit.
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.
problem until
Delta's problem is not labour, it's debt. Until they can restructure their debt, they are in big trouble.
achieved labor problem until
Delta's problem is not labor, it's debt. They have achieved labor cuts, and can achieve more because they have only two unions. But until they can restructure their debt, they are in big trouble.
carriers fuel gone legacy profitable talking
If fuel hadn't gone up, we'd be talking about how profitable these legacy carriers are,
I don't think anything's going to snag it now.
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.
agreement both company dust hostile money sides
This is more hostile collaboration than it is antagonistic negotiations. Both sides know they have to come to some agreement that makes the company work. When the dust settles, I'd put my money on an agreement being reached.
This is a coincidence, but what a coincidence,
airlines bills coming flying minute money stop
Airlines live on cash, and the minute you stop flying the bills keep coming in but the money doesn't,
airlines cut cuts food services somewhere
Airlines have already cut the services they can cut, now cuts will have to come from somewhere else. The food is already nonexistent.