William Warlick
William Warlick
carriers energy facing highlights legacy problems spike
It highlights the problems that all of the legacy carriers are facing now with this spike in energy costs.
performance revenue seen since strongest
The revenue performance is the strongest that we've seen since 2000.
bankrupt cash face fairly flow obviously relative strong
Relative to the bankrupt carriers, this is a fairly strong liquidity position, but obviously they face cash flow pressures.
assumption baked crude fuel jet oil
They've baked in $50 (per barrel) crude oil and $1.48 (per gallon) jet fuel as their going assumption for fuel expense.