Originally Posted by
RockyBoy
Nope. Pulling back capacity for 2012. That seems to be the only bit of news that causes airline stocks to go up the last few years. If we post a record quarterly profit and forecast an increase in revenue, the stock goes nowhere. If we say we see demand dropping, increasing costs, global uncertainty, so we're pulling back capacity, the stock soars.
An important thing to note is that they didn't say it was Mainline being pulled back. This could very well be more RJ reduction. Remember, Comair still has 50 seaters to be parked in 2012.