Originally Posted by mooper

As noted in my post, I'm referring to the current state of the airlines and forward. You may look to the past for lessons, but any link between current policies and profits will affect current and future earnings - not the past. Delta *and several other majors* have had flawed business models for a many years, resulting in government bailouts and bankruptcies (which I'm opposed to, btw), but the forward-looking forecasts predict that Delta's revenues and profits will be *much* more substantial than WNs, at least for the next couple of years. If you think investors are wrong about this, buy WN and short DL immediately... you could make a lot of money!