When I look at SWA today, it reminds me a lot of Delta circa 1991. They have a new Leader, and just pulled a merger. DL had Mo'Ron, and bought Pan Am. Then Sadam invaded Kuwait, I don't have to tell most of you what happened next...

Today Isreal is talking about putting a smack down on Iran and we may get dragged into it. Oh, and gas prices are going up, wayyy up, just like 1991.

So...is there any reason to think the short term (5 years is short term to me) outcome won't be the same over the next 5 years for SWA, as it was for DL, 1991-1996?

Oh, and Kelly is already talking about being 'cost competitive', while their biggest neighbor is in Bankruptcy...what does that tell you?