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For instance, Arch Coal and Consol Energy, the second- and fourth-largest U.S. producers, don't plan to increase spending on new capital equipment through 2002.
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"We plan to continue to increase and accelerate capital spending to develop new products in new and existing segments... grow our manufacturing footprint in China and explore manufacturing opportunities in other markets, " it said.
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In June MPS rolled out a strategic plan aiming to boost capital, improve liquidity, cut costs and increase revenues.
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And while the company did not follow others in matching Southwest's fare increase, Benchmark Capital transportation analyst Helane Becker expects it will announce its own plan later this week.
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