I agree with you DC but putting everything together such as low travel demand, lack of assets and employee unwilligness to give more I seriously have my doubts about US recovering.
We could work for minimum wage but if people aren't traveling and the demand remains so low we are not going to survive.
I agree with your comment to the extent that we are on thin ice, Toto, but I do not think liquidation is a foregone conclusion and taking it a step further, nothing is being done in CCY to prepare us for C-7. In fact, everything to the contrary. As far as strategic planning at HQ, the dead wood is gone and they have hired some new key people (including strategists) to prepare us going-forward. Now if liquidation was imminent, they would not have done that. That being said, we are clearly not out of the woods. But we are more than half way through C-11 and things are looking good. Strategically, it seems as thought the company sees a promising future in Carribean expansion. Just today CCY announced service to Grenada. What is good is that these new destinations are unlikely to be rivaled by low-cost competitors.
Yes, our fleet is down... way down! But Dave said in the beginning we were going to get smaller before we get bigger. It looks like we are stabilized at 279 but if we make it out of BK, once revenues return I believe we will see our fleet size increase again.
I am trying to avoid all the gloom-and-doomers on this board who think shop will be closed next week. That's nonsense. We may go down at some point in the not-so-distant future, but I prefer to go down fighting than to throw up my hands and say the ship has sunk.
Keep in mind, too, Toto, that there is a lot we don't know about that is going on in CCY.
Hang in there,