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Letter "J" » Jim Corridore Quotes
«I think that they've bought themselves a little bit of time, certainly. But I don't think, even when they came up with the goal of $1 billion in concessions, that they expected fuel prices to be at these levels. I expect they'll continue to burn through cash, and they'll need to do more.»
Author: Jim Corridore
«They didn't have the right strategy. They had the horrible luck of adopting that strategy at the worse possible time. It just wasn't in the cards for them.»
Author: Jim Corridore
«They met it [the loan requirement] but they're losing tons of money.»
Author: Jim Corridore
«Business travelers have learned that you don't need to pay those [higher, unrestricted] fares. There is always going to be some business travel that needs the flexibility to change flight plans. But the policy of many large corporations will be to book in advance to save money or justify it when you don't.»
Author: Jim Corridore
«The time to get into these stocks is when things are still poor .We've already seen that. More gains might be tough to come by.»
Author: Jim Corridore
«It's a huge step for the company today.»
Author: Jim Corridore
«I would be extremely surprised if what the unions came up with was enough to keep United out of bankruptcy. Typically these unions have a lot of animosity with each other. I don't hold out a lot of hope.»
Author: Jim Corridore
«Labor is taking control of the plane, flying the entire company, and management is sitting there waiting.»
Author: Jim Corridore
«They can't survive for another year the way they're currently operating, ... They've got to get the unions to do it (grant wage concessions.)»
Author: Jim Corridore
«They have to realize it'd be biting off their own nose to strike, ... I'm sure the union is using the financial situation for leverage. They know they have the company over the barrel.»
Author: Jim Corridore
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