Originally Posted by propsync

My sentiment is the airlines will cut the smallest amount they can and still try to outlast the opposition. They are no smarter than that. Oil is just forcing the hand a bit. To the original post, I'm sure there would be furloughs regardless due to competition.

On a side note, if the gubment really cared about speculators, they'd have done something already. All it is doing right now is crushing the economy, and they know that. I heard on the radio Ford is down 28 percent in sales from last year (can't remember if it was just for June or the entire year, like it makes a difference). I wonder if this won't end up as a depression if this gets any worse.