Originally Posted by
Denny Crane
Yes George it was an understatement.
Yes they could be in compliance in your scenario but what about the lost flying? According to the Update, it's not a snapshot but cumulative compliance.
I hope we do too.
Denny
Yup it's always a cumulative look-back of the previous of three years taken on March 30.
But
1.P.4, Note Two permits a one-time 12-month only cumulative loock-back if we reach 49.75%.
1.P.4 Note two then permits any previous year underages will be discarded...
Delta could technically still use this provision in 2015, looking back 12 months and meet the letter of the contract.
Cheers
George