They did the same thing to us that we did to them. |
They fly the heck out of their airplanes. |
Ultimately, industry adaptation is helped by higher crude, insofar as fares will continue moving higher, labor costs lower, and at some point even the most stubborn (airlines) may see the need to decelerate. |
We expect Northwest to formally increase its labor asking price from $1.1 billion to $1.4 billion in the next few days. |
We would not be surprised if domestic first class has been eliminated in all but trans-continental markets, |
We would not be surprised if domestic first class has been eliminated in all but trans-continental markets. |
With the industry just now starting to turn down the capacity knob, the phenomenon of surging US Airways (revenue per available seat mile) is not incorporated in today's results. |