In the airline business, if you don't make buckets of money in the summer then, historically, you run out of money in winter. But old models don't seem to apply anymore. Reviewing the third quarter US airline results we have George Hamlin and Doug Abbey; two veteran industry analysts. The discussion revolves around the relatively great results at Alaska - with obvious mention of Allegiant. The LCCs seem to be holding on better than network carriers. But the data speaks of a nasty winter as revenues simply cannot sustain the amount of seats.