In today's environment, any airline is better of liquidated for cash, and then re-invested in commodities.. but one has to take a long view if one is to remain in business. There will come pricing power, and the overly inflated cost of oil will re-stabilize... it's a lot of speculation that's keeping it above 60/70 per barrel, and as with the .com or real estate investment du jur bubble, it will also pop.