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Old 07-19-2010 | 12:04 PM
  #43632  
Sink r8
Gets Weekends Off
 
Joined: Jun 2009
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Another way to summarize the call...

We:

We are managing our capacity very prudently. We're trying to downplay the mere prospect of any additional capacity, even though we're closely eying the rest of the industry to make sure they don't steal revenue from us that we could be stealing from them. We spent the entire time trying to telegraph what the appropriate level of restraint might be for next year.

They:

The analysts are absolutely obsessed with the horrible notion we want to add any capacity at all. They didn't believe anything we said. 3% capacity restoration is f'n insane. The Deutshe Bank "analyst" (DB owns a chunk of stock) essentially told Anderson what he wanted to hear out of our mouth WRT capacity: we just hate adding any flying. Hate it, hate it, hate it. Aren't going to do it. We want to choke the consumer, by taking capacity down to one weekly route on one city pair, charge a billion per seat, and turn the money over to DB.