My impression. Overall good news on a gradual increase in passengers and revs.

Fuel costs up 14MM from Q2. Will likely be higher in Q4. Also looks like they used tax benefit to move forward maintanance which was also up 13MM, and shold be back down next Q.

The incremental fuel costs seem be ofsett with higher loads, which is what the company is saying. So I think 50 cents per q of eps is still reasonable to expect going forward. Thus my target of an 8 multiple * $2 eps should place the shares at $16 or thereabouts. jmho...any thoughts ?