Jim Higgins
Jim Higgins
alliance amount benefits economic estimated full glimpse grant include items key loan low piece proposed suggest uncertain understand value whose
We understand that proposed non-labor benefits include such items as full estimated benefit of the alliance with US Airways -- items whose economic value is uncertain in amount and timing, ... Everything we see in this glimpse at a key piece of UAL's loan application suggest a low probability that they will grant approval.
anyone buy creating currency knows notion seem understand value
I don't know who they are, or know anyone who knows who they are. They don't seem to show anything to back up those offers. I just don't understand the notion they're creating value with this currency that can be used to buy other airlines.
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.
obvious saw
I saw him Sunday, and it was obvious that he didn't have long left,
airline mergers problems
I see it as a lose-lose situation. Integration problems with airline mergers are legendary.
loved talk
That was Harold. Even to the end, he loved to talk about fishing.
approval loan
Without those concessions, we think approval of the loan is unlikely,
agencies good hoping life people start trying
We are just hoping to give these people a good start. Most of these agencies are trying to make their life better, so we are trying to give them a good start on that.
broad deals nature next niche round talks
We may end this round of talks without any deals getting done. The next round of talks may be more in the nature of niche acquisitions than broad combinations.
avoid businesses fare forcing people pulling saturday stay work
Businesses are pulling back from travel, or they're forcing people to work around to avoid the high, unrestricted fare -- stay over on a Saturday night, that kind of thing.
anyone delta happen needs
What really needs to happen is for Northwest, Delta and Continental to become two airlines. But I don't know how you get there. I don't think anyone does anything fast.
phase three tough viable
Phase three is going to be the really tough one. They need phase three to make this a viable company.
great
Mr. McCourt was a great person and a great educator.
agreement delta express gap greatest management pilots reach saying single surprised understanding
My understanding is that the single greatest gap is on the Delta Express issue. Management is saying we need to enlarge it, and pilots saying we don't want it at all. That's a pretty big gap, so I'd be surprised if they reach an agreement today.