No, ever since LOA 16 signed in 2009 we were in a rolling three year compliance period. The first period began April 1, 2008. The company has 12 months at the end of each rolling three year period to get into compliance. So once the first three year period ended in 2011 because it was rolling there was a three-year look back every year after March 31. Our production balance was 51.7% and LOA16 also spelled out that capacity would be adjusted for a new partner added by either side.
MOU14 signed in 2010 made the capacity change and specified a new rolling compliance period to start April 1, 2011 discarding all previous compliance periods.

Our "win" was to get our capacity adjusted up to 50%, but at the cost of extending the compliance window out to March 31, 2014.

Delta currently is down 8-9% vs AFKLM/AZ.
When Alitalia was added to the JV it increased the AFKLM/AZ capacity by 4.5%
Currently Alitalia makes up 6-7% of the EASKs.
So our current net loss is -2-3%, that's not a win at all in my book...
Meanwhile Alitalia has gained over 2% from when they joined, because they keep adding bigger jets to the US...

The promise is a 50% production balance in 2014
We could get to 50% by increasing flying
We could get to 50% by having AFKLM/AZ reduce flying
We could never get to 2014 with the current agreement because of further consolidation of carriers across the Atlantic and the respective changes to the alliances...

Keep in mind we have no enforcable protection at all until then...
How's that a good thing?

Cheers
George