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Well it has been a copyrighted 2011 for US airlines.
So far this year from winter weather that -- travel across most of the country to skyrocketing oil prices.
Jeff -- AM president Dave archer joins me now blab lot of questions for you today you're here and quite today but first I wanna get your reaction to what happened at every day.
Well -- first -- delighted to be here Sheryl I think specific to Reagan national airport.
For saw the system is very -- and administrator Babbitt a consummate professional and so whatever transpired.
In terms of the event.
The fact is the redundancies.
Worked quite well what Potomac.
And the radios and one airplane to -- so I'm sure we'll learn exactly what transpired but again it's a very safe so.
Because as you know they the pilots are able to to discuss on the radio frequencies speak with each other and coordinated they've got an issue with the tower you're right what happen.
-- it has its other pilots and it's also other areas of the FAA for example here in New York you can -- tower could be the -- the New York -- on the regional.
Air traffic controllers -- -- the system the redundancy is very very important.
Let's talk about there has been a lot of headwinds pun intended here for the -- -- industry you have about a horrible winter here in the East Coast you're based here in New York of course that her -- but also.
Oil prices are up 24% just since February 14 so.
I know they've got some hedges in place but how confident are you about.
Hedging against -- prices in May for the rest of the year with -- did it.
It is we -- -- had some precedent here we are new area again.
So oil prices north -- -- 106 the crack spread right approach in thirty dollars as well the cost refined.
About oil in the -- -- on the Gulf Coast so.
I think for us specifically a strong balance sheet -- hedging program.
The youngest fleet of any major carrier and I think he can do attitude with our crew members let's don't burn fuel -- we need to has been very helpful to us.
Well you know as far as many of your competitors big and small lot of them are saying united delta or they're gonna have to keep capacity flatter cut capacity.
A to deal with Phillip price scenario but you're not saying.
No we're not because I think it's really three dimensions it's not just the cost of energy.
It's also what's happening with the economy and what we're seeing year over year GDP and demand is still strong.
And then you look at capacity and our capacity very specifically.
Boston now the largest airline as well as the Caribbean and Latin America itself I think very specific terms what we're doing Gerald.
You know Southwest Airlines has announced and -- AirTran shareholders approved the one point two billion -- -- -- consolidation.
How are you feeling about what you're sitting up there would -- anybody called you up and -- -- like department would jetBlue would like to buy a template at the well are -- -- -- Gulfport basis is the organic growth plans were taken nine airplanes this year.
And these this open architecture partnerships Virgin Atlantic our newest partner announce this week so.
I think -- and building a strong and that the strong financials this product.
Award winning JD power the last six years in this can do attitude -- our crew members I think that's a nice recipe for continuing to go it alone into our second decade.
It -- -- these international partnerships that you're making -- is more about a better strategy for you because.
You know get the full exposure to the international markets which have been volatile Delta's finding out because of their exposure -- Japan.
That the international markets can be a very bad thing depending on the global scenario.
Well I think this city you're right in this open architecture.
Kennedy Airport where our home again safe to be New York's hometown airline -- largest airline jet can.
It's so the ability to partner with south African Airways or emirates -- larger shareholder Lufthansa or with American Airlines as well that's very harmful for us and we're doing it through.
Partnerships as to as opposed to alliances so.
-- your traffic was up for the month of February 9% so actually the numbers despite the winter weather.
Numbers of -- and others not think you are our year over year February proud as -- passenger revenue perceive mile was really really strong up 18% some of it the benefit up.
Less seats because of the winter operations the snowstorms we canceled some flights obviously.
But that also drove a lot of people back to Florida look at mother nature last night another inch of snow here.
Thunder sleet as we called it last night so were were feeling very good about traffic here in the first it works it -- demand picks up you can add states.
Yeah you're right we're already I -- we're already there seven -- 9% this year.
-- some would say we're now liar but I really do think the word in the right to grow.
And -- specifically Boston as well as down with Purdue landamerica Dave marsh or pleasure to have you -- show the -- and -- thank you very much and it could be heard Leon thank you very much.
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