UAL/USAir 737s

[ultrarunner]

All the consultants say they must cut capacity big time so that they can charge more, but what happens when they cut capacity and the LCCs just step in and increase their capacity?...

That's the kicker JTF....no one can really just "step in" and increase capacity....You need airplanes to do that, and plenty of 'em.

And in case you're behind in current events, LCC's like JetBlue, AirTran, Frontier, etc are currently cutting their own capacity.

It will shake out soon enough with high oil. We need 1 or 2 legacies and a LCC or two to go bye-bye and we'll get capacity down where those left standing will be able to charge enough to make some money.