Jim Corridore
Jim Corridore
attracting momentum stocks themselves
The momentum of the stocks themselves is attracting attention.
gains might poor seen stocks time tough
The time to get into these stocks is when things are still poor .We've already seen that. More gains might be tough to come by.
impact minor positive stocks
It's a minor positive. Most of the positive impact of this on the stocks has already been discounted.
accept choice company hikes lifted month percent slightly stock strike survive today united wage
The stock is up slightly today as the uncertainty of strike is lifted from the company. United really had no choice but to accept the PEB findings. They couldn't survive a month with a strike. But guaranteeing 37 percent wage hikes is only going to weaken a company that is already weak.
billions disconnect dollars legacy losing millions needs obviously partner
If you as legacy carrier are losing billions of dollars and your partner is making hundreds of millions of dollars obviously there's a disconnect that needs to be addressed.
control entire flying labor management sitting taking
Labor is taking control of the plane, flying the entire company, and management is sitting there waiting.
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.
obviously stay throws
If we get back into the $70s and stay there it obviously throws our model.
currently survive unions wage year
They can't survive for another year the way they're currently operating, ... They've got to get the unions to do it (grant wage concessions.)
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.
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.
expecting horrible legacy leverage oil prices surprise
It's the leverage of surprise for the legacy carriers. Everyone was expecting another horrible year, oil prices were climbing.
biggest bucket certainly costs dip face government helping labor level loan might willing
That would certainly go a long way to helping the company. Labor costs are the biggest bucket they can attack. The government might be more willing to help with this level of cuts. Even with DIP financing, they're going to face a liquidity problem. They could use those loan guarantees.
biggest bucket certainly costs dip face government helping labor level loan might willing
That would certainly go a long way to helping the company, ... Labor costs are the biggest bucket they can attack. The government might be more willing to help with this level of cuts. Even with DIP financing, they're going to face a liquidity problem. They could use those loan guarantees.