Originally Posted by Lerxst

And here is his reasoning for that:

The reason I focus on 2007 was because it
was in -- I believe it was the spring of 2007 that
both Delta and Northwest had both come out of
bankruptcy.
And I felt that that year, 2007, was an
appropriate and fair period to look forward in terms
of career expectations. And we tend to like to look
down the road five years or so for career
expectations.
In this case, I have examined both
Continental and United over a much longer period of
ten years, and United had come out of bankruptcy in
February of 2006.