Labor is taking control of the plane, flying the entire company, and management is sitting there waiting.
You pretty much need to back out that 5 cent credit they're talking about and say they lost 10 cents for the quarter.
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.
If you lock in hedges here at $60 a barrel and prices go much lower, you are obviously doubling your pain.
We're pretty positive on the airline industry right now.
It certainly seems like Northwest is determined to prepare for the eventuality,
They have a lot of work to do. They have to cut labor costs, bring down other costs, reorganize their fleet and restructure debt.
They have a lot of work to do, ... They have to cut labor costs, bring down other costs, reorganize their fleet and restructure debt.
They have a lot of work to do,
I definitely think capacity is going to be tight this summer. Demand is going to be strong.
