Second, we have to make the most of the strengths we have, the amenities that many of our competitors cannot replicate. But again, those advantages won't mean much if we don't do a great job with the basics of our business.

I think in just about any business the low cost competitor is always going to have an advantage.

However, the economics of our business continued to deteriorate. We barely escaped bankruptcy a year ago, and in the aftermath of that escape we had to make some even tougher decisions.

We have, unlike many of our competitors, continued to meet our various financial obligations.

Second, we have to make the most of the strengths we have, the amenities that many of our competitors cannot replicate. But again, those advantages won't mean much if we don't do a great job with the basics of our business.

But I don't think the popularity of flying has diminished a bit.

We need to take excellent care of our customers, and do so at a profit.