I don't think they will abandon transcon but I expect them to significantly reduce their exposure under the current fuel costs.
Well, since VX is expanding their service, one presumes that they'd put in new service to places like, say, SEA and ORD... oh, wait, they're doing that already, aren't they?
So, logically, you'd see JFK-MIA instead of LAX/SFO-MIA, no?
Well, since we've heard rumors of things being done on premium seating, I don't doubt that SOMETHING is afoot.