Assuming the price of oil stays above $35 a barrel, what do you see happening in the US domestic industry?
Which companies will survive financially? How will they retool their operations to cope with LCC's? Will hub and spoke networks survive at all? What will happen to pay rates and benefits?
Will hubs close? Will fleets be grounded (i.e. MD80)? Will any carriers cease to exist? Which ones and why?
The author foresees DL/NW/CO cooperating very closely. DL will close it dfw hub. CO will close cle. Both will deploy those assets to operate point to point networks. UA and US will perish. AA will continue to be without a domestic network partner.