The results are better than they look on face value. We took a $480ish million dollar special charge from EWR being deslotted. It's a total non-cash loss.

2. Yes

3. Probably

They said on the call that they are lowering expected capacity increases because PRASM is down YoY. This is particularly true on the international side. That being said, they mentioned all of the new long haul additions are performing at or above expectations.

I think moving forward our much improved operational performance will lead to PRASM improvements but it will take time for public perception to change. It was noted on the earnings call that we are already seeing upticks in market share for all of our hubs.