39 Quotes by Jim Corridore

For a new start-up, you cannot underestimate the competitive response of one of the major airlines if you try to move into their area and attract customers by discounting.

It's the leverage of surprise for the legacy carriers. Everyone was expecting another horrible year, oil prices were climbing.

It's a minor positive. Most of the positive impact of this on the stocks has already been discounted.

They can't survive for another year the way they're currently operating, ... They've got to get the unions to do it (grant wage concessions.)

They have to realize it'd be biting off their own nose to strike, ... I'm sure the union is using the financial situation for leverage. They know they have the company over the barrel.

I'm not expecting it to be a major driver of earnings or a major help.

I know there's a lot of investor interest in United. They've done a lot of hard work in bankruptcy. It remains to be seen whether their costs are low enough.

If you as legacy carrier are losing billions of dollars and your partner is making hundreds of millions of dollars obviously there's a disconnect that needs to be addressed.

If you lock in hedges here at $60 a barrel and prices go much lower, you are obviously doubling your pain.