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There is talk of major shrinkage in Newark. And not of the Costanza kind.
I don't see how they sleep at night.
Guys I think the issue is the Port Authority is raising fees in and out of Newark. I think that may be what all the airlines are adjusting to. The rumor mill at AirTran is that they may be pulling out of Newark because of the increase in fees to operate in and out of Newark. This may be what Continental is reacting to as well the upcoming higher fees.
MGT is doing this to dilute the power base of LEC 170,