Originally Posted by
iaflyer
No, investors ARE excited by "flat" - it means higher RASM and more profits. Richard and Ed have been banging the "capacity restraint" drum for a while, and Wall Street seems to like it - stock is at a 52 week high once again. It's when airlines flood the market with seats that everyone loses money.
Delta won't comment on a widebody order because if they are making one, they are still discussing it with Airbus or Boeing. Don't want your big suppliers knowing what and why you are doing it. (other than talking points).
The stock is leading and at a 52 week high, that's good. Airlines are all higher, which is good.
A pretty informative little interview, there's been a few airline CEOs on lately, it's always interesting.