- Feels that the industry requires additional consolidation
- Comfortable with own liquidity position

Other headlines for [LCC]

• LCC Today 08:01am
  US Airways Group Reports Dec Load factor 80.3% v 75.9% y/y, updates operations, Guides Q4 total mainline capacity -5 to -7%- Dec RPMs -1.1% - Dec ASMs -6.4% - Company has approximately 46% of its consolidated more...
  
• 12/30/2008 04:26am
  IATA: Nov International Air Passenger Traffic -4.6% y/y; Air Freight -13.5% y/y- Says may expect 'deep losses' in Q4
  
• 12/9/2008 06:48am
  UBS analysts sees US airlines having a poor Q1 2009 as a result of lower demand and hedging losses- Later quarters of 2009 to show improvement as hedges roll off.
  
• AAI 12/9/2008 06:44am
  AirTran Holdings, Inc Price Target raised to $6 from $5 at UBS, maintains buy rating- ALGT Price Target raised to $50 from $45 at UBS, maintains buy rating - AMR Price Target raised to $20 from $14 at UBS, maintains buy more...
  
• LCC 12/3/2008 08:18am
  US Airways Group Reports Nov Load Factor 77.7% v 78.4% y/y- RPM -6.9% y/y - ASM -6.1% y/y - CEO: November unit revenue was impacted by the deteriorating macroeconomic environment.
  

Industrials sector headlines

• JBLU Today 02:07pm
  JetBlue Airways Corp Reports Dec Load Factor 79.4% v 76.8% y/y- RPMs -1.8% y/y - ASMs -5.1% y/y
  
• FR.FR Today 01:28pm
  Valeo SA Moody's lowers Long term rating cut to Ba1 fom Baa3; now junk status; affects €1.1B worth of debt
  
• NSANY Today 01:24pm
  Nissan Motor Co., Ltd Announces recall of 243K trucks and SUVs due to airbag sensor issues
  
• DAL Today 01:19pm
  Delta Air Lines Inc Reports Dec load factor 80.1% v 77.7% y/y- ASMs 9.78M (+0.7% y/y) - RPMs 12.2M (-2.4% y/y)
  
• CAE Today 01:12pm
  Cascade Corp. Hearing downgraded to underperform from neutral rating at DA Davidson (timing uncertain)