### Comment:
Towards the end of peak they started capping hours and half the planes we were flying around were empty. Seemed like they were overspending and then tried to reign expenses in when they realized how much cash they were blowing through. Obviously I wasn't correct so you could be right.

### REPLY:
When was this?  Don't forget that they aren't reporting on what happened yesterday, the are reporting from last quarter.  So its possible that shit will still hit the fan next time.  You should buy more puts.

### END.