Originally Posted by
Bucking Bar
Q&A Comments:
Richard Anderson's response to the question on SkyWest's negotiation over 50 seat replacement was that we are on a "confident path" to pull down 50 seat flying. (foreboding for CMR and PNCL, IMHO)
Richard Anderson "reduced capacity is our leverage." We are going to be down 5 or 6% while the industry grows 1 to 2%. Why wont anyone ask, "where's the end of these capacity reductions?"
Maybe because as investors they really don't care. They are looking at 2 things: earnings, and the bottom line.