We don't yet have traffic back where we need it, but yes, the problem (of losses) is primarily fares rather than traffic, |
We're not expecting it to be much crazier than last summer. |
We're not saying things are hunky-dory. All we're saying is that some of the indicators we look at and some of the recent trends are promising, and that's the first time I've used that word in a long time. |
We're not saying things are hunky-dory. All we're saying is that some of the indicators we look at and some of the recent trends are promising, and that's the first time I've used that word in a long time. |
We're paying enormous amounts for jet fuel right now. It's insane. |
We've got more seats that are filled and we're getting higher fares for them. That's your best case scenario. If (jet) fuel was at $40 a barrel, we could be minting money right now. |
When your second-highest cost plummets, that's huge. I call it the saving grace of the fourth quarter after the (federal assistance). But we're not quite as sanguine that we can count on that this year. |
Will it be enough for everyone? It's not clear, but $2.5 billion is better than $1 billion, especially if they move quickly with the second half. |
You can't undo five years of deep losses with one year of modest profit. We've got a long way to go. |