Wall Street Journal is reporting the same news.
The management of the legacy carriers are clueless.
I used to fly to Dallas for business. Now, I almost always drive, especially when AA wants to charge $700 for a day trip.
I used to fly to Omaha for business. Now, I drive 100% of the time.
Used to almost always fly to STL (7 hour drive). I'm driving in early August.
The legacy airlines seem to believe business demand for air travel is inelastic. I believe these latest requirements will prove them wrong and that it will backfire both in terms of revenue and business customer loyalty.