It's a long-winded way of saying that Delta tried to cuts costs before 9/11, but was unable to. I think it's self-serving. |
It's about time they got aggressive. Had they done this last year, or 18 months ago even, they wouldn't be in Chapter 11. |
So far, demand has really held up. We'll see what happens when prices continue to go up. |
The commentary was a lot more optimistic than I expected it to be given the high oil prices. The outlook was also a little more optimistic than I would have expected. |
The key to the fare increase was that Northwest has matched them, and that's really what everybody has been waiting for. |
The pilots definitely have the power in this relationship. If they don't want to fly, you don't fly. |
The shares are down obviously on the New York Times article. That's the only news that came out before the stock began to fall, |
They got a little thin in the flight-attendant ranks. People are leaving and retiring and so they're having to replace them. |
They're doing exactly what they needed to do. The growth plan was too aggressive for jet-fuel costs where they are. |
They're getting a second chance. United arguably has one of the best route structures in the world and now they have the balance sheet to support their growth. |
They're positioned to be able to grow. They just need to convince people that their assumptions make sense. |
They've got a pretty substantial cash position. |
We've got all this in the news about record oil prices. That's obviously very negative for the airlines. |
You've got fairly substantial fuel cost bills. People are just very concerned. |