Michael Boyd
Michael Boyd
actual except financial stuck
Except for the financial barnacle stuck to their side, they're doing great. They had an actual profit.
actual except financial stuck
Except for the financial barnacle stuck to their side, they're doing great, ... They had an actual profit.
surprise tests
This is not a surprise to anyone. We've had tests like this before that have failed.
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.
problem until
Delta's problem is not labour, it's debt. Until they can restructure their debt, they are in big trouble.
achieved labor problem until
Delta's problem is not labor, it's debt. They have achieved labor cuts, and can achieve more because they have only two unions. But until they can restructure their debt, they are in big trouble.
good independence operating
As an operating airline, Independence is as good as dead.
bankrupt barnacles financial onto stick
That's just so many financial barnacles to stick onto a bankrupt company. They're going to get scraped off.
agreement company costs either hit needs normal
This company needs to get an agreement in place very quickly. This is not a normal negotiation, this is not a drill. It's either get the costs down or hit the road.
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.
happiness happy putting record track
They have a track record of putting out happy numbers.
months problems talking
In 12 months we'll be talking about the problems with the low-cost carriers, not the (old line) carriers.
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.
carriers fuel gone legacy profitable talking
If fuel hadn't gone up, we'd be talking about how profitable these legacy carriers are,