Link?
Yes, the economy is not too great, but we're in a much better position than many other airlines. When will they realize the sky really is not falling?
Warrent Buffett wrote an op-ed to the new york times about a month ago to your point...
I paraphrase...
"When everyone is greedy you should be afraid...when everybody is afraid you should be greedy."
I think Alaska is sqaundering a rare opportunity to steal some markets from the weaker carriers. These are the times it is an advantage to have a conservative balance sheet and I feel like we are letting the opportunity slip away. We are giving our competitors breathing room when we should be out hammering nails in coffins.
later