It's not so much the storm's impact on operations. It's the storm's impact on oil prices that will really hurt the airlines.
More Quotes from 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
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.
Jim Corridore
It's a huge step for the company today.
Jim Corridore
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
Oil prices were already very bad, this new rise is going to make it very rough. The airline industry will see pretty high losses in the third quarter.
Jim Corridore
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It's as if I were collaborating with myself, revealing my relationship to the material. My hand would make the drawing. Then my mouth would transmit it.Jim Hodges
I wrote somewhere during the Cold War that I sometimes wish the Iron Curtain were much taller than it is, so that you could see whether the development of science with no communication was parallel on the two sides. In this case it certainly wasn't.
Thomas Gold
No, Queer Eye has a book coming out before mine, in the Spring of 2004, in which each of us has a section and we do a brief overview of our subject area.
Ted Allen