It is the guidance for continued loss, which is obviously very bearish for the stock.
More Quotes from 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
I don't think anybody thinks United will emerge this year, ... There are too many questions they can't answer.
Helane Becker
They're doing exactly what they needed to do. The growth plan was too aggressive for jet-fuel costs where they are.
Helane Becker
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,
Helane Becker
You've got fairly substantial fuel cost bills. People are just very concerned.
Helane Becker
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