Originally Posted by
tallpilot
I hope you are correct. Public statements seem to indicate that single fleet type is the one remaining sacred cow they don't want to slay.
The scared cow of firing 1700 employees, bag fees, assign seating, etc has already happened. A second fleet type will come. I think things like lounges are coming sooner rather than later but the other big ticket items are a definite wait and see from a financial point of view. BJ has to prove to the BOD that all these new initiatives that already have been implemented will expand margins and generate more cash. Average airfares since Feb have fallen quite a bit according to the CPI. In the article he even admitted their are sales going on in a time when their shouldn’t be. Thats a little concerning. Hopefully these capacity cuts industry wide in the fall slow down domestic yield dilution. Earnings season begins in a couple of weeks for the airlines, so we’ll find out a lot more soon.