And it only beats an RJ "hands down" if they can fill it. If they are flying RJ loads (50-ish) with 100 seats, they will lose big. They need to be very careful where they place these and be ready to pull the plug early if things just aren't working out.

Obviously they are going th give the RJ strategy a go, since it is the A320s that they are selling/deferring. It is kind of odd that they will still receive a dozen 320s in 2006, and yet sell 2-5 of them at the same time. Was prob too late to work out a deferral of any of the planes for 2006, but I wonder if they might not have done better trying to sell their outstanding orders than to sell their exisiting planes. Complicated stuff, I guess.

I am surprised to see that the market was so pleased yesterday, although I think there may be a partial reversal today. In any event, I guess analysts/investors are just pleased to see that they are doing something drastic to turn the ship.