I think it's still a possibility they may have to file for bankruptcy. These agreements certainly help. It's good news for the company. But American has a lot of problems, and this only partly addresses the problems, especially given the sharp downturn in travel during the war.
More Quotes from Jim Corridore:
Obviously oil backing down a little today allows investors to focus more on the relatively strong earnings performances last week.Jim Corridore
The momentum of the stocks themselves is attracting attention.
Jim Corridore
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
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.
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.
Jim Corridore
If we get back into the 70s and stay there it obviously throws our model.
Jim Corridore
Readers Who Like This Quotation Also Like:
Based on Topics: Travel Quotes, War & Peace QuotesRepublics decline into democracies and democracies degenerate into despotisms.
Aristotle
There are two kinds of artists left: those who endorse Pepsi and those who simply won t.
Annie Lennox
There are moments when I can't believe I'm as old as I am. But I feel better physically than I did 10 years ago. I don't think, Oh God, I'm missing something.
Madonna Ciccone