39 Quotes by Jim Corridore
- Author Jim Corridore
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That would certainly go a long way to helping the company, ... Labor costs are the biggest bucket they can attack. The government might be more willing to help with this level of cuts. Even with DIP financing, they're going to face a liquidity problem. They could use those loan guarantees.
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With the trouble in the Gulf oil refineries, the airline industry will see pretty high losses in the third quarter,
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The fact that they were profitable excluding items in their seasonally weakest quarter was very encouraging for the rest of the year. Obviously we're entering what's going to be a pretty strong summer travel season.
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The reason that UAL and other carriers haven't done it (seek guarantees) yet is the government is asking a fair and high price for the guarantee -- an equity stake,
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We think that a full and rising backlog and margin improvement should help Boeing do better than its forecast.
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The time to get into these stocks is when things are still poor .We've already seen that. More gains might be tough to come by.
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The stock is up slightly today as the uncertainty of strike is lifted from the company. United really had no choice but to accept the PEB findings. They couldn't survive a month with a strike. But guaranteeing 37 percent wage hikes is only going to weaken a company that is already weak.
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The strike couldn't be going any better for them. That's not to say they can keep this up for weeks. It remains to be seen whether they will eventually run into some kind of mechanical problems.
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Oil prices were already very bad, this new rise is going to make it very rough. The airline industry will see pretty high losses in the third quarter.
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