59 ordspråk av Jim Higgins
Jim Higgins
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Everybody is going to be weak, ... Revenues look like their taking a nosedive, and that's because of the economy. Airlines are a lagging economic indicator and they're finally being hit.
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It's going to be tough to do, ... I just don't think Northwest is going to walk away from this easily.
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They are very far apart on difficult issues like work rules. Delta has a work rule advantage versus other competitors that it doesn't want to give up. And among the pilots, there is a very vocal dissident group, and it makes it more difficult to reach a settlement,
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I think there's a risk we're going through a period that profits will get squeezed relative to expectations. If economy slows dramatically, there could be real downside risk to numbers. But having said that, if we have a soft landing (for economic growth) and fuel prices coming down just a bit, then things could actually improve.
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People are wondering if the United warning is a sign that the sector was over-priced. You have a series of events letting the air out of things in the short term.
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It's probably equal to about 5 to 6 cents of the per- gallon increase in fuel.
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It's a good way for them to get what they think they can, what they're comfortable with.
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They won't do $10 (per trip leg), ... That's a huge percentage jump relative to other airlines.
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For the full year 2001, you're talking an 82 percent operating ratio, down from 86-and-change in 2000, and better than 90 percent today.
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You really can't put a railroad in play in an traditional sense. But he could be trying to prompt other changes. There are two attractive pieces of Sea-Land left. This could accelerate their interest in selling that.
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[Higgins said he believes the winning bidder probably will pay more than $60 a share, while the loser will be left with a weaker position.] I see it as a lose-lose situation, ... Integration problems with airline mergers are legendary.
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They don't want to sell anything that's important. That (DC Air) is a competitive straw man. A peanut entrant cannot possibly compete with United.
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That is a competitive straw man, ... A peanut entrant can not possibly compete with United.
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The stock prices (Friday) are telling you two completely different things, ... Investors are very confused what is possible and what is not.
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It's not as if the entire airplane is for sale.
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