When you can't borrow conventionally, you do what you have to do. Given a choice of miseries, they are dumping the planes they can most afford to. The 737's are long in the tooth, and if they unload the first 319's they got, it probably relieves a maintenance headache. The original Airbus order was heavily weighted to the smaller 319, Only later was the 321 contemplated, and the subsequent order for them increased. I never understood why they had so many small planes. They are being very creative, seeking to use payroll savings as de facto financing, and increasing utilization of aircraft, in order to produce the same seat miles from fewer planes. They are really doing some good thinking on the operations side, but the Philly nightmare looms large. If they can just work on that, along with cooperative lenders, they have a better shot. Nice to see there isn't a lot of buzz. No provocative conversation from Dixie, and apparently a sensible dialogue with restive union people.