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cheaper for those of us traveling in basic economy which would be a good thing for those of us looking to save. >> george, is that likely that basic economy will allow more people to fly to more places or is this an opportunity to give the airlines more money? >> i think basic economy probably will be the same fare as regular economy. you cannot change your ticket at all. if you buy it, you fly it. and it's basically just a rebranding. >> a rebranding. i just read a startling stat. you would never realize it by seeing what's going on, but 26 of these airlines are now making a profit. it's a good time to be in this business for the first time in a long time. courtney, is this something that will actually increase the -- make it better for those who have a little bit more money but not quite as much money to get first class? >> there are lots of new perks being rolled out with the new naming convention and tiered system.

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