Originally Posted by 80ktsClamp

The language says "established." There is no further explanation.

Exception one: If the Company establishes a fleet of new small narrowbody aircraft,
41 the number of permitted 76-seat aircraft may increase on a one 76-seat aircraft for
42 each one and one quarter new small narrowbody aircraft (1:1.25) ratio (rounded to the
43 closest integer) up to a total of 223 76-seat aircraft