Bill Warlick
Bill Warlick
extended operating performance period service strong sustain united
Obviously, there's a requirement that United will have to sustain strong operating performance for an extended period to service those obligations.
delta five weakest
As a stand-alone carrier, Delta is the weakest of the Big Five (American, United, Delta, Continental, Northwest).
balance capital companies consistent generate larger lay position sheets solid stronger
The larger companies with the stronger balance sheets are in the position to lay out solid capital and generate consistent returns.
balance changed clean focusing keeping leverage modest rather relative september sheet until
Until September 11, they really were focusing on keeping their balance sheet rather clean and keeping their leverage modest relative to the other big carriers. Unfortunately, that all changed after 2001.