Because, as usual, he's making the same case management will try to make and for some unfathomable reason(s) he seems to be trying to keep our expectations low.

And, BTW, don't forget that you can't really compare rates with SWA because of the way they are paid (TFP). You have to look at their "hourly" rate and then realize they are getting paid a whole lot more of those than we are. Easier to just look at the average MD-88/90 Captain at Delta making about $150k, and the average SWA Captain (doing essentially the same type of flying) is making over $230k. For those of you in Rio Linda/Herndon... that's an $80,000 difference!