More - Jim Corridore Quotes

I definitely think capacity is going to be tight this summer. Demand is going to be strong.

Jim Corridore

 

I definitely think capacity is going to be tight this summer. Demand is going to be strong.

Jim Corridore

 

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.

Jim Corridore

 Hard Work

I think that most of the major carriers should be able to avoid [bankruptcy] if things start to improve in the first half of the year. If a period of time goes by with no more terrorist events, I would say sometime in 2003 the industry could return to profitability.

Jim Corridore

 

[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.

Jim Corridore

 

Obviously oil backing down a little today allows investors to focus more on the relatively strong earnings performances last week.

Jim Corridore

 Focus

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.

Jim Corridore

 Company

Labor is taking control of the plane, flying the entire company, and management is sitting there waiting.

Jim Corridore

 Company

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.

Jim Corridore

 Airlines

It certainly seems like Northwest is determined to prepare for the eventuality,

Jim Corridore