Jim Corridore
Jim Corridore
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.
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.
bring cut fleet labor work
They have a lot of work to do. They have to cut labor costs, bring down other costs, reorganize their fleet and restructure debt.
bring cut fleet labor work
They have a lot of work to do, ... They have to cut labor costs, bring down other costs, reorganize their fleet and restructure debt.
work
They have a lot of work to do,
adopting cards horrible luck possible strategy worse
They didn't have the right strategy. They had the horrible luck of adopting that strategy at the worse possible time. It just wasn't in the cards for them.
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.
air bankruptcy carriers costs cutting demand good holiday job obviously oil season stayed travel
Carriers that stayed out of bankruptcy have done a good job of cutting their controllable costs -- oil is obviously not one of them -- and demand for air travel has been very strong. The holiday season has been good for them.
capacity definitely demand tight
I definitely think capacity is going to be tight this summer. Demand is going to be strong.
buy company finds given good horrible investors itself jump might nice position proved reason reduce stock suggest time today vote yes
I don't there's enough reason today to buy the stock, given the horrible straights the company finds itself in, ... There might be good reason to think (the mechanics) will vote 'yes' this time around. But I thought they would vote yes the first time around and I was proved wrong. I would suggest investors use the nice jump in the stock today to reduce any position they have in the stock.
company huge step
It's a huge step for the company today.
hurt impact oil prices
It's not so much the storm's impact on operations. It's the storm's impact on oil prices that will really hurt the airlines.
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.