So they say the next step is to park some (I think they said 2 and 4 respectively) 340's and 744s. It seems to me that this is being played. By calling it "parking" instead of "retiring" or" selling" they really make it seem much worse that it is.
They tried to delay the new 777s but now we are told that we are getting a bunch (I think it was 11 by the end of 2010.) This just seems like a fleet renewal plan being twisted to suit the tone of the day. We may not grow as quickly as planned in the past but this "sky is falling" stuff is getting old.
As A le rone mentioned, the targets are set so high that we are set up to fail in this environment.