Jay Ratliff, aviation analyst, on Southwest Airlines layoffs, a passenger biting a flight attendant and the future of low-cost carriers

Aviation analyst Jay Ratliff joins Lisa Price to discuss Southwest Airlines laying off 75 employees despite reporting $7.2 billion in quarterly revenue, a disruptive passenger who bit a flight attendant on a Qantas flight from Melbourne to Dallas forcing an emergency stop in Tahiti, and why Ratliff disagrees with the Delta and United CEOs who say low-cost carriers are on their way out.