Hard for me to tell which way this will go. We do have a lot of old airbuses which could continue flying-but that does leave a pretty big gap in seat capacity. I think if mgmt were smart, they would jump on some super-efficient C-series planes and take advantage of the fuel savings and the low pay rate. Of course, I have come to the conclusion that this mgmt. doesn't give a crap about the long-term health of the airline.
Doug and his buds just want to spend all our profits on stock buy backs that never work-but who cares, when your make millions on the 20 cents per share jump that 10 billion in buybacks gets?