Opus, No problem. It could rain here. I just chimed in to correct some false assumptions. Our fuel hedging program has been part of our business model for over 15 years. The only way for our hedges to run out is to stop hedging. As far as labor cost, it is still relatively low because of our productivity. On the pilot side, we are manned at 11 pilots per plane and about 70 total employees per plane, ie less people to split the labor pie with. My first trip next month is a 4-day and blocks 27+55 and pays 32.8 for pay. I could do that 3 times and only work 12 days and get 98 for pay. It works great for me but I do understand that it's not for everyone. I like to block 7+ hours per day and have a 13-14 our overnight. I measure my productivity by how much I can make with least time spent away from home.
As for your last paragraph, no there has been no talk whatsoever of a concessionary contract. It would be difficult to ask for concessions on the company's part while making profits. The biggest problem we must fight is complacency. We hope it won't rain soon but I still carry an umbrella.