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Old 11-26-2011 | 03:57 PM
  #6801  
clancy
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Joined: Oct 2010
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Carl, you are incorrect regarding the 90 days. A 3 year window was established back with LOA 16. Additionally, check LOA 16.1.P.4.a. "capacity adjusted as a result of the inclusion of a third party carrier..." This is the part that indicates Alitalia would be included at a later date. MOU 14 continues the 3 year look back of LOA 16. It does not change it from something different to 3 years. Additionally, the window of non-compliance was tightened.


So MOU 14 returned the proportion to 50/50, and tightened the window of compliance. Additionally, it provided downside protection where the previous agreements did not.

Once again, a complaint about MOU 14 displays a lack of understanding of the JV.
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