“[Wall Street analysts seemed encouraged. Shares of Atlanta-based Delta were up 5% in late-afternoon trading.] I think it's great they are finally being aggressive in making these adjustments, ... If Delta had done this even six months ago, it probably wouldn't have had to file Chapter 11.”
“The commentary was a lot more optimistic than I expected it to be given the high oil prices. The outlook was also a little more optimistic than I would have expected.”