Mr. McCourt was a great person and a great educator. |
My understanding is that the single greatest gap is on the Delta Express issue. Management is saying we need to enlarge it, and pilots saying we don't want it at all. That's a pretty big gap, so I'd be surprised if they reach an agreement today. |
Northwest probably serves more unique markets, even though it's smaller than Delta, ... Secondly, the Northwest union is renegade, with small membership and it's not a member of the AFL-CIO. Delta-ALPA is in the same situation. |
People are wondering if the United warning is a sign that the sector was over-priced. You have a series of events letting the air out of things in the short term. |
Phase three is going to be the really tough one. They need phase three to make this a viable company. |
She showed wisdom way beyond her age and delivered a result for that gentleman that we could only hope to achieve in every situation, |
That is a competitive straw man, ... A peanut entrant can not possibly compete with United. |
That was Harold. Even to the end, he loved to talk about fishing. |
The climate in terms of labor getting away with stuff they've gotten away with the last eight years is not as good, ... Bush doesn't owe anything to labor. There's a subtle but important shift in power back towards the company. |
The stock prices (Friday) are telling you two completely different things, ... Investors are very confused what is possible and what is not. |
Their labor is in real denial. From a political standpoint things have to get worse before labor comes around. It's very clear they choose not to get it or they don't get it. |
They are very far apart on difficult issues like work rules. Delta has a work rule advantage versus other competitors that it doesn't want to give up. And among the pilots, there is a very vocal dissident group, and it makes it more difficult to reach a settlement, |
They didn't actively guide things down, but they talked about things getting better six months out. We've been saying all along that second-quarter numbers are too high and there's nothing I heard or saw today that says otherwise. |
They don't want to sell anything that's important. That (DC Air) is a competitive straw man. A peanut entrant cannot possibly compete with United. |
They may hope Delta takes a couple of punches and is more willing to negotiate, |