1:16:01
l am gonna be a giant, an entrepreneur
in the ltalian 16th-century sense of the word.
1:16:06
A mover, a shaker.
l'm shooting for the stars, Darien.
1:16:09
You're coming along for the ride.
1:16:14
Bluestar is an unpolished gem, Gordon.
1:16:17
A half-assed management being decimated
by a price war they cannot win.
1:16:21
But the gates at La Guardia alone
can bail us out.
1:16:25
lf it's worth a dime, it's worth 10 bucks
a share. They're ripe to fall!
1:16:29
Mixed emotions, Buddy.
1:16:31
Like Larry Wildman going off
a cliff... in my new Maserati!
1:16:37
Guys like me have had their asses hung
in a sling with the airlines!
1:16:40
- Fuel could go up. Unions are killers.
- Yeah, but aren't you forgetting one thing?
1:16:45
Capital reserves. This company has
75 million cash in an overfunded pension.
1:16:50
That buys us a lot of credibility.
1:16:52
And the beauty is, you already
own close to 2% of this sucker.
1:16:56
The insurance people are balking on the
logging trucks. What do you want to do?
1:17:00
Tell those assholes
we'll self-insure if they don't write it.
1:17:04
l can't believe we can fire half
the management and nothing changes!
1:17:08
(deep sigh)
1:17:11
Gordon, what l want,
and l've never asked you for anything,...
1:17:16
..is to be your copilot on this one.
1:17:19
l wanna take this airline, turn it around and
make it work. lt's gonna make us a fortune.
1:17:26
l got a stockbroker who wants an airline. lt'll
take two years to turn Teldar Paper around.
1:17:31
What do l need a dink airline for? l'm up
to my ass in more nuts than a fruitcake!
1:17:36
l've worked at Bluestar. l know my way
around. l have friends there, inside.
1:17:40
What do you mean?
1:17:43
The three unions.
lt's 43% of Bluestar's operating budget.
1:17:47
The hourly cost of a flight crew is 850
an hour. That's the real hidden value, GG.
1:17:52
lf you can negotiate that out,
get a crew down to 350, 400 an hour,...
1:17:56
..this airline'll be the hottest thing
since Texas Air.
1:17:59
- What makes you think you can?
- l can talk to these people. They trust me.