I don't know how long you've watched BA, and I don't know what statements led up to this, but I do know this: I've watched them for years, and they are absolute champions at coming up with a stream of lame reasons for poor performance--always "temporary" reasons, of course. One quarter they can't meet demand; the next quarter, demand suddenly slacked off; the following quarter, there's a one-time write-down; etc.; etc. They are always conning investors. The real problem might have something to do with paying their janitors $20 per hour (which they do).