That's where you're wrong brother. And that's what i mean when I say they have changed the business model. Oil could hit $155 easy, but now they can pass every penny along to the consumer. They own all the premium seats worldwide. And domestically too. LUV is good domestically, and there are a few crumb grabbing airlines that fly to Orlando for $69.... but DAL is now king of the hill.
If it pulls back to the twelves, because nothing goes straight up, except amzn of course.... load up the truck.