Originally Posted by gloopy

I worry about a modified repeat of the LCC revolution of 2001-2010, especially with all this "capacity dicipline" and an AA tie up. If we really start to cull capacity, while the MBA spreadsheet guys are autoerotically actuarializing their paper gains on yields, the LCC's of the world will cut in line again and add between 8 and 15 seats for every 10 we cut...especially if it appears to be "working" with sky high yields. We will see another wave of AT/SW/JB/F9/NK and now VX expansion that will shred anything we hope to make by employing such a myopic quarter to quarter long term stratedgy. I hope our guys are smarter than that but we have serious reason to doubt most of them are.