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Letter "J" » Jim Corridore Quotes
«We're pretty positive on the airline industry right now.»
«It's the leverage of surprise for the legacy carriers. Everyone was expecting another horrible year, oil prices were climbing.»
«The momentum of the stocks themselves is attracting attention.»
«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.»
«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.»
«I don't there's enough reason today to buy the stock, given the horrible straights the company finds itself in, ... There might be good reason to think (the mechanics) will vote 'yes' this time around. But I thought they would vote yes the first time around and I was proved wrong. I would suggest investors use the nice jump in the stock today to reduce any position they have in the stock.»
«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,»
«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.»
«They have a lot of work to do, ... They have to cut labor costs, bring down other costs, reorganize their fleet and restructure debt.»
«[Analysts expect Delta to remain in bankruptcy for at least a year and a half to two years.] They have a lot of work to do, ... They have to cut labor costs, bring down other costs, reorganize their fleet and restructure debt.»