I think so. from a commentary, "Traffic trends and cash - notably to buy new aircraft - will dominate investor interest when AMR Corp. (AMR), parent of American Airlines, and Southwest Airlines Co. (LUV) report first-quarter results next week. Southwest, with no international routes, has been more adept than its peers at cutting capacity to match weak demand, but has lost the earnings support from fuel hedges that it had in recent years. American is suffering, like others, from falling leisure and business travel, notably on its routes to Europe and Latin America. Fuel prices have fallen, but with the peak-travel Easter holiday in April, analysts forecast a net loss of $1.48 a share when AMR reports Wednesday, compared with a loss of $1.32 a share last year. For Southwest, which reports a day later, per-share earnings are forecast at 3 cents, compared with 6 cents a year earlier."
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