Originally Posted by
eponymous_coward
Like I said, it's buried in the press release. To me, "10 percent less capacity in the fourth quarter than... previously projected" sounds like slowing down their expansion and tweaking their growth plans- dropping some frequencies that aren't working so well and so on.
I agree, since they're basically talking about midweek flights, maybe some weekend flights (early morning Sunday flights and such), to be cutting "projected capacity" by 10%, they must be cutting the off-peak stuff by even more than that. What this seems to mean is planes sitting on the tarmac during off-peak times, so they don't think they can cover their variable costs by operating the flights.