...and for what its worth, the official forecast has shifted landfall just south of Galveston, bringing to Galveston and Houston what Katrina brought to Biloxi and Slidell: the mess of a strong category 4 hurricane.

While its bad for CO to have its hub and its employees in the chaos of one of the worst hurricanes ever, the problems will be further compounded by reduced refinery capacity and likely skyrocketing fuel costs. While some news outlets were saying Katrina would be the deathblow to airlines like CO, this may truly be the deathblow to CO. How can an airline survive when its main hub is impacted by a massive hurricane, its employees are left homeless, and fuel surges to outrageous sums per barrel?