Total on the list is misleading. Bodies on property is more important. 15,000 guys on the list, 12,000+ flying. In 10 yrs if they're 15,000 flying is the growth 0% or 25%?

DL/NW merger didn't occur during airline 'up' cycle so using their manning as a basis for the impact on AA/US isn't a 1:1 relationship. If your numbers are correct they're down approx. 6%(2009-2013). Will AA/US be down 6% in 4 yrs??? IMO, at this point of the cycle, the numbers will be up from 4 yrs from now.