View Single Post
Old 08-24-2013 | 09:12 AM
  #137766  
nerd2009's Avatar
nerd2009
Gets Weekends Off
 
Joined: Oct 2009
Posts: 383
Likes: 0
From: Delta M88 A ATL
Default

Operator
We’ll take our next question from Mary Jane Credeur with Bloomberg News.

Mary Jane Credeur - Bloomberg News
Hi, folks. Can you talk a little bit about how you’re going to afford that new pilot contract?

Richard Anderson
Hi, Mary Jane, this is Richard. Sorry for not saying hello. When you look at the overall value that we’re going to create as a result of (Changing the SCOPE) unlocking the ability to refleet plus the productivity ( changing pilot work rules) that has been built into that agreement, we’re confident that it will be an important part of our ability to get to unit (PILOT cost) cost over the next couple of years to improve our margins ( increase our bonus) and our return on invested capital.

Glen Hauenstein
And, Mary Jane, this is Ed. One additional thing, we also reduced the profit sharing (PILOT PAY CUT) going forward and that’s an important part of helping to fund (Pay for the 76 seat RJ's) that cost growth.

Mary Jane Credeur - Bloomberg News
Sure. Okay. Thank you.

Operator
We’ll take our next question from...

just sayin......reading between the lines