Philip Baggaley
Philip Baggaley
amount cost expect fair forward fuel given losing money move northwest prices quickly savings weak winter
Northwest has been losing a fair amount of money for a while now. I expect they feel they need to move forward quickly on these cost savings given where fuel prices are and going into the weak winter season.
break entirely grace heard however period possible
I think it's entirely possible they'll use the grace period (on the bonds) if they haven't heard from the ATSB by Monday. However (the end of the grace period on) Dec. 16 may be more of a make or break deadline.
certainly hurt impact large oil overall rising storm
Overall the storm will hurt, but it's certainly not the same as the impact of rising oil prices, ... a large effect.
factor huge improved improvement picture revenue swing
The revenue picture has improved and this is a huge change. The big swing factor is the long-awaited improvement in pricing.
appears chance drive fairly good key takes
If you look at each one of these key requirements, in isolation, it appears to be a fairly good chance it will happen. But it only takes any one of them to fail, and it could drive American into bankruptcy.
air consumer depressing economic effect energy growth higher indirect longer prices resulting slow storm
In the longer term, if the storm and resulting higher energy prices slow economic growth and consumer spending, it will have an indirect depressing effect on air travel.
bargaining contract employee encourage future groups improve join outcome position unions
In addition, such an outcome would encourage other employee groups to join unions to improve their bargaining position in future contract talks.
airline attention cooperation management mergers require short struggling supply
Airline mergers are very difficult. They require a lot of cooperation from labor, management attention and financing. All those things are in short supply when you're just struggling to survive.
airline assured cash difficult dollar dragging last purely till trouble wait
An airline doesn't wait till it's down to its last dollar to file. It'll be difficult to keep dragging it out. Without new financing, from a purely cash perspective, they are already in trouble to be assured they can reorganize in bankruptcy.
airline assured cash difficult dollar dragging last purely till trouble wait
An airline doesn't wait till it's down to its last dollar to file, ... It'll be difficult to keep dragging it out. Without new financing, from a purely cash perspective, they are already in trouble to be assured they can reorganize in bankruptcy.
average benefit consumer main planning small street taking
The main benefit will be to corporations and small businesses. It's a significant consumer benefit but not necessarily to your average person in the street who is planning on taking a vacation.