[cowtowney]

http://finance.yahoo.com/q/bc?s=AMR&t=1y&l=on&z=m&q=l&c=

I can see they have followed your astute management advice

[untrained skeptic]

Looks to me like they are taking their hit, and are already starting to recover a bit. They're up 3% for the day.

However, looking at the stock price isn't really going to prove either of us right or wrong.

AMR's biggest his is going to be from having to cancel so many flights recently. They lost a lot of revenue from that.

As for future bookings, it's been proved time and time again that the biggest factor there is price. I'm very doubtful that there is even a noticeable dip in bookings when they hand out these bonuses each year.