Originally Posted by Free Mason

75% of DAL's revenue block hours should come in to play in a big way, but I find it very unlikely that the company on the VS or DAL side of the fence or the VS Pilots Represented by BALPA would every agree to anything that would take that much flying away from VS. If they did, I bet the British government would step in and stop the slot transfer from a British company to a company run by Yanks.

Might get that flying with all growth to the point going to the DAL side and then future growth on a size and scale weight to our side (70%), but an immediate shift of flying and loss of British jobs would result in UK Government intervention.

If you say pound sand unless, then the other option is no JV and a CS agreement only that protects current block hrs on a 12 month pre announcement look-back but offers no metric or negotiated share of the possible growth. Not that there will be much in a ultra-mature market and the tightest slot controlled airport.

Our bigger concern should be beyond flying that has no CS rights for DAL that will allow DAL to flow customers away from current DAL metal to VS metal with 49% of the profits still going to DAL, and with absolutely no current protections to stop it.