The carriers recently received government approval for the deal, and the merger is expected to be complete on Oct. 1. "Airlines are continuing to show voluntary capacity discipline for the first time not just this decade, but really since the industry was deregulated in 1978," said Hunter Keay, an airline analyst at the firm Stifel Nicolaus.
The message worked and seemed utterly harmless because it was playing off of lots of thick but voluntary social discipline.
However, although they are voluntary, they provide discipline to the calculation and confidence in the performance represented.
Instead, Canada favours mandatory disclosure and voluntary compliance, where the discipline comes more from investors than from regulators.
While the New York Stock Exchange has proposed rigorous new standards and disclosure requirements in the wake of the Enron and other corporate scandals, Ms. Stymiest says that voluntary guidelines and the discipline of the market are more effective in preventing such abuses.
In this context, Sir Roger's self-discipline and voluntary initiatives can only take us so far.
Initiate the students to take part in other activities such as scouts and voluntary work.This improves their discipline and their helping tendency.
Seemingly craving some discipline, the players set up voluntary 6 a.m. weight-lifting sessions this summer after they found out about Robinson's 5 30 a.m. practices.
The medieval sects, therefore, always stressed in their critique of the worldly church the lack of spiritual discipline and endeavoured to realize a voluntary church discipline in terms of a renewed radical demand of holiness based on early Christianity.
What was achievable, however, he said, was a "massive increase in voluntary coordination," including measures to encourage greater budgetary discipline and to sanction countries running excessively high deficits.
