Essentially the small jet scope goes like this, if I read it correctly.
Right now they're permitted 153 76 seaters and 255 70+ seaters total. Once the fleet count goes up, they can 'convert' 3 70 seaters to 3 76 seaters, up to the hard cap of 255.
Currently, there's no snap back, so once they're on the property, they're here to stay.
If the total mainline hulls is, for instance, 40 below the cutoff. The company adds 100 aircraft. That puts the number of additional 76 seat jets 60 over the cutoff, so that's 60 x
3 = 180 for a total of 333 76 seaters. But this would be capped at 255 due to the hardcap. In reality, the company only needs to add 34 hulls over the cutoff to get all 255 at 76 seats.
They could then park those airplanes in short order, and you're left sucking it with 255 large jets.
The way I read the new TA, the current caps remain unless the aircraft ponies up the new hulls. It's tied to block hours and there is a snap back. The hard cap is lowered from 255
to 223.
Assuming the company was going to order the 100 seaters anyway, you'd wind up with fewer large RJs under the TA than the current book, and there are snap back provisions.
NOT A YES VOTER, just trying to understand the NC's reasoning.
Nu