The cut backs are going to happen as airlines try to raise load factors and increase fares. Easiest way to increase fares, cut available capacity.

Southwest is expected to actually post its first overall loss next quarter...first time ever for them. Lately they have been able to avoid this by balancing their operational (airline) losses with the profit made by their Oil Hedging Business fund/arm. Things will continue like this for awhile...at least until passengers are able to pay more to fly. I would also expect any long nonstop flights to be under the gun from OKC...especially from Southwest. So PHX, already 1 cut, and next may be LAS and BWI.