It certainly shows what happens when you're exposed to fuel. They're a victim of circumstance right now.
More Quotes from Susan Donofrio:
We're a little concerned that there could be revenue dilution, but we're taking a wait-and-see approach,Susan Donofrio
We think that the picture is likely to brighten for airline stocks in the upcoming months.
Susan Donofrio
Nevertheless, we expect to hear about tight capacity growth expectations, the continuation of strong demand, and room for more fare increases. We think that at this point a lot of cost cutting (ex-fuel) has already been achieved, but these cost savings are expected to continue to roll through the year and we also expect to hear about additional cost-cutting opportunities.
Susan Donofrio
This should pave the way for further fare increases, in our opinion.
Susan Donofrio
They hear about a filing, they see an aircraft flying and they assume there's some value on the stock and that they're going to get it at a bargain.
Susan Donofrio
This, coupled with the already completed wage concessions agreements for the pilots and mechanics ensures that Continental will reach its overall labor goal of 500 million in annual wage savings and have in place a competitive cost structure. In addition, the risk of labor discord is now off the table.
Susan Donofrio
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