Calyon securities analyst ray neidl attributed the stock decline to "a little disappointment" that profit was down from a year earlier.

东方证券分析师内德尔线由于库存下降，“有点失望”，利润下降，从去年较早。

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Ray Neidl, a veteran airline-industry watcher with Calyon Securities, expects to see the major carriers continue cutting costs.

FORBES: Magazine Article

"It makes sense for the long term, as the company gains more pricing power, " says Ray Neidl, an airline analyst with Calyon Securities.

FORBES: Magazine Article

Mr. RAY NEIDL (Calyon Securities): It's the right step.

NPR: Airlines Cut Unprofitable Flights as Fuel Prices Rise