That is why, allowing more 76 seat jets while being tied to our block hour levels may be the ugliness that has to be accepted/shoved down our throats to protect our flanks on JV's and Code Shares.

We go the five year route, and they could do revenue sharing JV"s with no need for production balances. Virgin, flies to a ton of cities DAL may soon see as focus cities, and we would not have any skin in that game. With the Europe flying at its lowest levels in a long time, we are really set up well for getting hosed, with these sort of JV's. As it stands now we just need to keep our current frequency and growth does not need to come our way.

I am not trying to throw a scare tactic out there, it is the facts. Read your contract and realize that unless it is a profit sharing JV there is no requirement for a production balance.

When this deal comes out there will be many smart people picking it apart. The will show you the downside stuff, but the realities of what may happen if we go with our current language for a few more year.

That said, I will reserve my vote until I see the language, but scenarios like I listed above concern me greatly. The will make RJ outsourcing seem like child's play.

*JAL is another example of us having 8 flights a day to CONUS. Just think of a revenue sharing JV in that arena, and all the growth that we would not be entitled to. SAN-NRT for one.