Just watched the President of Aviation Dynamics interviewed on the Business News Network...he states there will be a number of smaller carriers in the U.S will enter into chapter 11 proceedings in the near future due to the cost of fuel, inefficient/ineffective management and lack of cash liquidity. Air Trans to be the first?

He also states the he expects that Frequent Flyer Miles will become worthless as all airlines strive towards 100% payloads, he reiterated "worthless" at least twice.

I wish I had a link for you...