I think that they will file before Oct. 17 for sure. With oil prices where they are and big pension contributions due, and without higher airfares, Northwest had no choice,
More Quotes from Helane Becker:
It seems like the PEB said everyone should participate in concessions, but that United should give mechanics the raise, then you can talk about concessions, ... But now I think it'll be difficult to win those concessions.Helane Becker
It's about time they got aggressive. Had they done this last year, or 18 months ago even, they wouldn't be in Chapter 11.
Helane Becker
They're getting a second chance. United arguably has one of the best route structures in the world and now they have the balance sheet to support their growth.
Helane Becker
They're positioned to be able to grow. They just need to convince people that their assumptions make sense.
Helane Becker
Wall Street analysts seemed encouraged. Shares of Atlanta-based Delta were up 5 in late-afternoon trading. I think it's great they are finally being aggressive in making these adjustments, ... If Delta had done this even six months ago, it probably wouldn't have had to file Chapter 11.
Helane Becker
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Based on Keywords: airfaresListen, I think what's best for the economy and to create jobs is to extend all of the current tax rates - for all Americans. It - it begins to reduce the uncertainty. And for small businesspeople, they can look up and begin to plan.
John Boehner
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