Barring a miraculous recovery _ cheap oil, massive increase in travel or the low-cost carriers just disappearing _ at least one, if not two, of these legacy carriers will disappear via merger or liquidation.

That deal is a goner it's D.O.A., ... You could knock me over with a feather if they go through with this.

You want to save fuel to avoid higher costs in the future. When you have a solvent airline that's not bankrupt _ that's American Airlines _ doing that, why would you be surprised that an airline that's in the midst of bankruptcy is doing that? Delta has to get lean and mean ... This is what they have to do. This is the first wave, but it's going to continue.

United is playing with fire. If this becomes a major bone of contention, then the present United disclosure statement may never be approved.

It's a razor edge that the union is walking now.

The market for pilots and other airline professionals is soft, and that's an understatement. They played it down to the wire, but there is still hope for Delta, and we will see what happens next few months.