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Old Jul 12, 2018, 2:13 pm
  #7  
Often1
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Join Date: Aug 2010
Location: DCA
Programs: UA US CO AA DL FL
Posts: 50,262
This is consistent with the long-term strategy DL adopted after the financial crisis. If costs increase or demand drops, DL will not simply chop prices to fill seats or not increase prices to maintain net revenue. Rather, it will cut capacity to meet profitability goals. That is what shareholders pay management to do.
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