In this business, every crystal ball is very, very fuzzy,

There is no way to predict accurately 10 years into the future, given the volatile economy and decisions of airline chief executives that sometimes defy what some of us see as logic.

What took the airlines so long to file?

I think passengers believe they have seen everybody get in and out of bankruptcy protection, like Continental in the early 1990s and TWA before American Airlines bought it,

If we provide increased capacity, the demand is there.