our phil lebeau spoke with scott kirby and fills us in.c >> i think it's cautiously optimistic i think united knows what it wants to do once the virus calms down and people want to say i want to take a business trip, a vacation, whatever it might be that said, shares down almost 6% today. that's because when the company reported its fourth quarter results yesterday, the fourth quarter is not what people are focused on they're focused on when do you get back to cash flow breakeven or better. yesterday they said we see encouraging signs we see the third quarter, the fourth quarter, they're improving more people are say, yeah, we're planning on taking a trip. united said, we have no way given what we're seeing with covid-19, a timeline for when we expect breakeven or better it could be midyear, or if things with the pandemic improve, it could be sooner. >> the good news is what happens in the near term, we have real confidence in the long term and there's a lot of pent-up demand for air travel, but until we can put as a society coronavirus in

thanks, becky take care. >>> a big hour still to come this morning including united airlines ceo scott kirbye's governor chris sununu and dr. scott gottleib with the latest on the virus and what's happening with those quk x"ilbeig b "sawbo wl rhtack. >>> stocks rally to a second term yesterday the s&p 500 was up it's now up 14% since the election making this the biggest rally ever over that time frame and according to lpl financial it's the first time that the dow has made a new high on inauguration day our next guest though says he wouldn't be bullish if -- said he wouldn't be bullish if biden won the presidency joining us is jake walthauer i remember your -- it was a nuanced viewpoint, jake. i don't remember that exactly. >> yeah, joe, you know, i was actually not necessarily a fan of a blue wave occurring because i felt that that might actually lead to higher deregulation, roll back of some of the trump era tax cuts i think now that we have one party in control in washington, d.c., it may actually be a good thing. this last round of stimulus negotiations i think forced the market to lose

united ceo scott kirby told employees in a virtual meeting.he is strongly considering the idea but has not made it a policy just yet. kirby did say he will only do that if other companies start requiring the vaccine as well, but added he believes it is the right thing to do for united employees as well as in other industries. oh all right. i hope you had a nice weekend. saturday turned out pretty great. i mean, weather wise, right? and then today not bad and in the showers came in to the tune of 1/10 of an inch to 507 inch to court evidence in some of the heavier locations, mostly in the coastal hills. cloudy out there now we're going to see a little frost tomorrow morning. this this weather event. the showers are kind of over for right now, but the storm doors cracked open and by tuesday night, we're back into the thick of it. and it goes. i mean, this thing looks it looks pretty legit. said that before, but not with this much model cohesiveness. all the models are kind of merging on this pretty nicely. i want to show you what's happening, wh

scott kirby is saying we can't predict that with any clarity.>> phil, right before you came on this morning, the american hotel and lodging association put out a survey asking respondents, when do you think you will go back to your first business conference? 29% said first half of the year. 36% said second half of the year but one thing we know is that business travel is going to be key for these majors to come back >> and that's going to take some time they are not expecting it to come back right away they know it will take some time, in part because people are doing more intel conferences, zoom, whatever you want to use a lot of companies have decided to go that way there are not going to be a lot of conferences i mean, it's going to take a while for these, that entire industry to get up to speed knowing people who are in that industry almost all of them say the same thing we are not planning anything not anytime soon so, yeah, scott kirby's belief that it depends on the vaccinations, that's correct in terms of what you are going to see both i

and atlanta charles watson fox news, united airlines, the ceo there, scott kirby.ovid-19 vaccine mandatory for employees, kirby told those employees in a virtual meeting this week that he is strongly considering the idea but has not made it a policy yet, but he did say he will only do it if other companies start requiring the vaccine as well. kirby said he doesn't think the airline will get away with being the on lee company to make the vaccine mandatory. financial help is on the way for the many restaurants, rental car companies and other businesses at sfo that i've been struggling during this pandemic. yesterday san francisco near london, breed signed the $21 million emergency ordinance to provide relief rent relief from any airport tenants. the ordinance paves the way for sfo to modify its current lease agreement and waves, some rents and feet. for companies that do business and as a phone we breed says the city of san francisco may be able to reopen very soon at the city's covid-19 infection rate continues to drop bree tweeted. there is growing evidence. the re

. >>> out of 4 million on doses, only ten developed an aflax is scott kirby is telling employees thatking they should be required to get the vaccine, but he also said the airline can't be the only company to make it mandatory. >>> you might not be surprised to see a scuffle over a face mask in a big box story are store, but that is the czech parliament a lawmakers who refused to wear a mask had his microphone cut off, so they tried to command deer the chairman's mic, unsuccessfully please are investigating. >>> and in england, an engaged couple due to be married in june, both critical ill with covid, had their maernl cescerey in the hospital after a nurse suggested it might be their only chance they are out of the icu -- i apologize for the glitch at the end of the video, but it is a good news story, they got married. >> and they're out of the icu. sue herera, thank you. >>> what's barry manilow, shakira, chrissy hines of the pretenders have in common? they're all directly signed to the hypnosis epps, a fund traded on the london exchange under the ticker song. just this week, they bou

shannon: exhibit a, scott kirby said i recognize it is controversial and the right thing is for unitedd other companies to require the vaccine and make them mandatory. >> ultimately this is should be between an individual and their doctor, your employer should not step in to give medical advice, you put yourself on a slippery slope for what other medical procedures your employers require not to mention viability factor, a negative reaction to the vaccine, on the hook for damages for forcing them to take the vaccines for a curable policy on liberty and viability standpoint. shannon: to exhibit b, this is the hill, the vice president of the united food and commercial workers international union saying if the employer wants to make that mandatory they should negotiate with us. they should not change condition of employment or make that mandatory in the middle of our contract unless the state or the government required it. >> this boils down to whether this is a private employer like united airlines is or if it is a state run business like if you work for the government you work for county

united airlines ceo scott kirby said "i recognize it's controversial.irlines and other companies to require the vaccine and to make them mandatory." robert. >> ultimately it's a medical -- it should be between an individual and their doctor. i don't they can employer should step in to give you my decoy advice or mandate you have a medical procedure. you put yourself the slippery slope. not to mention the liability factor. if there's a negative reaction to the vaccine or god forbid someone passes away, then the employer would be on the hook for damages for forcing them to take the vaccine. it's an overall terrible policy in the interest of liberty and from a liability standpoint. >> shannon: that's a good point. exhibit b, disses the hill quoting kim cordova, vice president of the -- if the employer wants to make it mandatory they have to negotiate. they couldn't change the condition of employment. they couldn't make it mandatory in the middle of a contract unless the state or government required it. brian. >> this really boils down to whether this is a

eastern time we'll talk with scott kirby ceo of united airlines. about this outlook for the rest of the year and their belief that they think there's going to be some penalty-up demand and it will come back quickly later this year. >> until then, it could be a long slog. it looks like they still are going through $33 million a day -- >> yeah. >> in cash burn. >> yes >> how much are they generating -- losing a day >> $24.8 billion, compared to 13 billion which it was in the first quarter of 2019. they've got money on hand in terms terms of -- you don't want to be burning through $33 million a day. they knew that that was their guidance for the first quarter. that part of the numbers is not a surprise it's not as if someone is looking this and going whoa, way higher than i expected they said it would be around that i don't think that's the reason for the initial tick lower phil lebeau, thank you he'll keep us posted on the conference call which kicks off later this hour. shares are down. bouncing off the after hours session so far what do you make of

united ceo scott kirby told employees in a virtual meeting this week that he is strongly considering idea but has not made it a policy as yet, kirby said that he'll on lee do that if other companies start requiring the vaccine as well. but he also said that he thinks it's the right thing to do for united employees as well as others in the industry. in alabama nursing student haley folman says, getting a chance to work in the hospital's vaccination clinic is an opportunity that she just couldn't turn down. some say the call to serve runs in her blood. bowman's mom, lisa has been a nurse for 35 years, and her grandmother was a nurse. for more than 30 years, foreman says things came full circle when her mom walked into the vaccination clinic. be honest, i was a little nervous i need i mean, i knew she was a student in your practice. we practiced at home on an orange. i knew that my mom would be very honest. i knew that she would tell me for her, and she would tell me if i needed to do something different. or if i did good, lisa foreman says her daughter's practice paid off and that the

meanwhile, in other airline news, united's ceo scott kirby saying this week that he wants united ands for all employees, that is, if they can figure out all of the logistical challenges. clearly a lot going on in the travel space right now, guys. >> a lot of changes too. gio, thank you so much. we appreciate it. >>> coming up here on "good morning america," tributes pour in as we remember baseball legend hank aaron. morning america," tributes pour in as we remember baseball legend hank aaron. apnea and yd during the day, you could be missing out on amazing things. sunosi can help you stay awake for them. once daily sunosi improves wakefulness in adults with excessive daytime sleepiness due to obstructive sleep apnea. sunosi worked for up to nine hours at 12 weeks in a clinical study. sunosi does not treat the cause of osa or take the place of your cpap. continue to use any treatments or devices as prescribed by your doctor. don't take sunosi if you've taken an maoi in the last 14 days. sunosi may increase blood pressure and heart rate, which can increase your risk of heart attack, st

here is ceo scott kirby from "squawk box" this morning. >> i think we will be the first airline to return an apples to apples basis but we are not ready to project a big -- the inflection point and the turn in demand because we really need to get a critical mass of people in the country vaccinated and we also need a specific medical conclusion that it not only protects you from the virus but also protects you from transmitting the virus? nowhere to hide in the airline sector today they were all lower. they assault still are this is because everybody is saying the same thing. when do we actually believe demand will come back? some are saying the spring some are saying it could be the summer who knows for sure. >> could be a long road. >>> bitcoin down 18% in the last week guggenheim scott minerd on with us yesterday calling for a top in the cryptocurrency. listen. >> when we have a doubling of the price of an asset in the course of a month we are prone to having a setback here i think for the time being we probably have put in the top for bitcoin for the next year or so and that we are lik

again to talk about the talents to watch in 2021 welcome scott some amazingly powerful performances there and i want to start with an answer kirby because i know she's a favorite of yours and i'm also seeing pieces of a woman and she's she simply blew me away and it's amazing is that i mean it's interesting so i really think kirby is going to be the breakout star of 2021 i mean this role is just gut wrenching i think you know front runner for the oscar this year for this role and what i think is interesting is that this really is a huge leap from from the previous work that she's out and i know you're a fan of the netflix series the crown there and she said that you know a smaller role as princess margaret but kind of as a role the place where strength you know you saw herself an upper class brit with sharp sharp wit and that's kind of like the character margaret in the series and i've seen as well in sort of small roles she was in some action films and she had a small role in mission impossible and she's been in one of the fast the furious movies but this a role in pieces of a woman this is her 1st leading role in a film and it

again to talk about the talents to watch in 2021 welcome scott some amazingly powerful performances there and i want to start with an s a kirby because i know she's a favorite of yours and i'm also seeing pieces of a woman and she's she simply blew me away and it's amazing is that i mean it's interesting so i really think kirby is going to be the breakout star of 2021 i mean this role is just gut wrenching i think you know front runner for the oscar this year for this role and what i think is interesting is that this really is a huge leap from from the previous work that she had i mean i know you're a fan of the netflix series the crown there and she's in that you know smaller role as princess margaret but kind of as a role the place her strength you know you saw herself an upper class brit with sharp sharp wit and that's kind of like the character margaret in the series and i've seen as well in sort of small roles she was in some action films i should have a small role in mission impossible and she's been in one of the fast and furious movies but this a role in pieces of a woman this is her 1st leading role in a film and it'

again to talk about the talents to watch in 2021 welcome scott some amazingly powerful performances there and i want to start with an s a kirby because i know she's a favorite of yours and i'm also seeing pieces of a woman and she's she simply blew me away and it's amazing is that i mean it's interesting so i really think kirby is going to be the breakout star of 2021 i mean this role is just gut wrenching i think you know front runner for the oscar this year for this role and what i think is interesting is that this really is a huge leap from from the previous work that she's had i mean i know you're a fan of the netflix series the crown there and she said that you know smaller role as princess margaret but kind of as a role the place where strength you know you saw herself an upper class a brit with sharp sharp wit and that's kind of like the character margaret in the series and i've seen as well in sort of small roles she was in some action films i should have a small role in mission impossible and she's been in one of the fast the furious movies but this a role in pieces of a woman this is her 1st leading role in the film

again to talk about the talents to watch in 2021 welcome scott some amazingly powerful performances there and i want to start with an essay kirby because i know she's a favorite of yours and i've also seen pieces of a woman and she's she simply blew me away and it's amazing is that i mean it's interesting so i really think kirby is going to be the breakout star of 2021 i mean this role is just gut wrenching i think you know a front runner for the oscar this year for this role and what i think is interesting is that this really is a huge leap from from the previous work that she's had i mean i know you're a fan of the necklace series the crown there and she's in that you know smaller role as princess margaret but kind of as a role that placed her strengths you know you saw herself an upper class brick with sharp sharp wit and that's kind of like the character margaret in the series and i've seen as well in sort of small roles she was in some action films that she had a small role in mission impossible and she's been in one of the fast the furious movies but this a role in pieces of a woman this is her 1st leading role in a film