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Jim Corridore Quotes
«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.»
Author: Jim Corridore
«They have a lot of work to do,»
Author: Jim Corridore
«It certainly seems like Northwest is determined to prepare for the eventuality,»
Author: Jim Corridore
«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.»
Author: Jim Corridore
«We still maintain that we see an extremely high risk of bankruptcy [at Delta] .»
Author: 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.»
Author: Jim Corridore
«With the trouble in the Gulf oil refineries, the airline industry will see pretty high losses in the third quarter,»
Author: Jim Corridore
«But the airline might file sooner, maybe in the next couple of months, to take advantage of the more lenient bankruptcy laws.»
Author: Jim Corridore
«The strike couldn't be going any better for them. That's not to say they can keep this up for weeks. It remains to be seen whether they will eventually run into some kind of mechanical problems.»
Author: Jim Corridore
«If you as legacy carrier are losing billions of dollars and your partner is making hundreds of millions of dollars obviously there's a disconnect that needs to be addressed.»
Author: Jim Corridore