Jim Higgins
Jim Higgins
phase three tough viable
Phase three is going to be the really tough one. They need phase three to make this a viable company.
compete peanut possibly straw
That is a competitive straw man, ... A peanut entrant can not possibly compete with United.
northwest tough walk
It's going to be tough to do, ... I just don't think Northwest is going to walk away from this easily.
apparently appear consider earlier heard hit hopeful less progress sticky
They may want to appear that they consider it, ... I am less hopeful than I was earlier this week. I heard they were making progress in some sticky areas, and apparently they hit a wall.
delta express hates issue needs pay proving
I think the Delta Express issue is proving to be intractable, ... ALPA hates the two-tier pay scale. Delta needs that, and needs more of it, if it's going to compete.
accelerate attractive interest pieces prompt railroad selling trying
You really can't put a railroad in play in an traditional sense. But he could be trying to prompt other changes. There are two attractive pieces of Sea-Land left. This could accelerate their interest in selling that.
huge jump percentage relative trip
They won't do $10 (per trip leg), ... That's a huge percentage jump relative to other airlines.
cents equal gallon increase
It's probably equal to about 5 to 6 cents of the per- gallon increase in fuel.
coming downside economic economy economy-and-economics fuel landing period prices profits relative risk soft squeezed
I think there's a risk we're going through a period that profits will get squeezed relative to expectations. If economy slows dramatically, there could be real downside risk to numbers. But having said that, if we have a soft landing (for economic growth) and fuel prices coming down just a bit, then things could actually improve.