Fundamentally, the airline is obscenely strong. The future belongs to legacy carriers like United.

If the airline has no viable business or cash flow, it can't stay together. That's why they are in this mess.

The airline is showing signs of showing a pulse. What they're doing is going back to where their historic strength is.

They were trying to be a low-fare airline with high costs.

If you're looking to break into the industry, it's one I wouldn't recommend at any level. Overall, this is not going to be a bonanza in hiring in the airline industry.

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.