Reduced capacity? If they reduce their capacity any more in some markets, they'll just be shooting themselves in the foot...pax are so disgusted now with oversells/cancellations and rude gate agents/staff that I've heard more than one talk of driving, taking AMTRAK if it's available or just not traveling.

None of those are good outcomes, and entirely avoidable if the mainline carriers could think beyond the end of the quarter and "analysts expectations". Of course the one long-term thought that all of management has in common is what color their parachute is. Gold seems to be particularly popular in our industry.