From the sound of today's conference call, F9 is not close to signing any FF alliances with other carriers. I found it interesting to hear BB state the pool to choose from was small and that a couple of players are currently distracted. Any thoughts on who the players are that he was referring to?

I also found it interesting that he felt losing the DL FF relationship was a real loss for the company, although the codeshare didn't produce much revenue for F9.

When you look at their latest quarterly results, it's clear that business travelers are driving a disproportionate share of F9's income gains. The uptake on Classic Plus fares is astonishing. But, if F9 is going to keep those biz travelers loyal, they have got to upgrade their FF program. Otherwise, they won't be able to differentiate themselves enough with other low-cost carriers.