Let's face it. Their footprint is going to get smaller. They're not going to be a national carrier any longer,

The bankruptcy court doesn't think TWA is viable as a stand-alone carrier and neither do I. It would need a massive infusion of capital, it'd need a completely new game plan, and it'd need massive concessions from labor, which it's not going to get.

Everything I've heard so far is that bookings have not been affected.

I think the street overreacted to fuel costs and Y2K. But this is not to say that estimates won't come down for the first quarter. Fuel prices are even higher now and it's very difficult in short term for carriers to control that cost.

We've said all along that our goal was to get a more national footprint for the league. But we've always wanted to do it the right way - by going to the right places with stable ownership, solid arena deals and proven basketball markets. We feel sure we're moving in the right direction.

They're probably looking at what's happening with Northwest and Delta and probably realizing they have to get their contract cost structure down as well.