Michael Boyd
Michael Boyd
job labor next northwest survive unions upside
Northwest can survive if they have to go into bankruptcy, ... These labor unions have to take it upside the head. Their next job will be at the Wal-Mart.
good independence operating
As an operating airline, Independence is as good as dead.
certainly small
Small and midsize communities can certainly be hurt.
costs expand high labor next order protect spread three
Southwest has to expand aggressively over the next two to three years because they've got to spread out their costs in order to keep their fares down. They have high labor costs and in order to protect their costs they have to put out more product.
agreement both company dust hostile money sides
This is more hostile collaboration than it is antagonistic negotiations. Both sides know they have to come to some agreement that makes the company work. When the dust settles, I'd put my money on an agreement being reached.
ability advantage carriers gallon shows united
It's the Shreveport-Shanghai advantage, ... It shows that at $2 a gallon for fuel, carriers like American and United have the ability to make money.
surprise tests
This is not a surprise to anyone. We've had tests like this before that have failed.
problem until
Delta's problem is not labour, it's debt. Until they can restructure their debt, they are in big trouble.
ball boys goals kicked proud strong struggled whereas
They were just too strong over the ball and made the most of every opportunity, whereas we struggled to get going all day, ... We're really proud of the boys but Terang just kicked the goals when they counted.
airline both hanging incumbent sides
In 20 minutes, the airline would be dead, ... This is an airline that's hanging by a string. It's incumbent on both sides to keep the airline flying. Even going forward, it's got challenges.
either
But either way, it's going to be ugly.
airlines bills coming flying minute money stop
Airlines live on cash, and the minute you stop flying the bills keep coming in but the money doesn't,
airlines cut cuts food services somewhere
Airlines have already cut the services they can cut, now cuts will have to come from somewhere else. The food is already nonexistent.
actual except financial stuck
Except for the financial barnacle stuck to their side, they're doing great, ... They had an actual profit.