Originally Posted by
Columbia
What happens when oil goes to $100 barrel? The bill gets paid. There's a reason mgmt gets $5-10 Million a year-they are smart and know how to find revenue streams to pay their bills-things like bags, booze, change fees, Amex, food for purchase, code share revs, etc......they are smart about finding ways to pay fixed costs.
They are not THAT smart, or 4 carriers wouldn't have filed for bankruptcy.