I'm pretty sure many pilots out there disagree with me completely with the statement I'm about to make, and I'm sure that there are some out there that completely agree with me as well ...

I honestly believe that this industry has grown so much over the last few years (supply wise) that we have completely exceeded the amount of service required for the demand that exists. With the economy the way it is right now, and judging by the flight loads over the past several months ... unless Obama somehow manages to pull something no one saw coming out of his rear ... I truly believe that one airline (MAJOR NOT REGIONAL) will have to fold in order to bring a balance back to the supply vs demand schematic.

The other way I can see it balancing out is by doing what SWA is doing right now. Every airline cutting back their schedules by a certain percentage. Now, if every airline did that, then there would be almost no choice but to scale back (if not completely dismiss one or two) the regionals as well.

Discuss!!