Originally Posted by
1Bob
I am hoping someone here can fill in the info I am missing here.
The IAAC & Codeshare Presentation dated 15Aug13 claimed the company was on a path to be out of compliance with JV EASKs at the end of the measurement period i.e. Mar14. It further pointed out the path to compliance was rather steep.
The Codeshare Committee Presentation dated 18Nov13 states the company is in compliance with Sec. 1.E. and does the most recent presentation to the MEC dated 17Mar14.
LOA 13-03 [primarily addressed Pacific flying] amended Sec 1.E. but didn't seem to specifically make any changes which would affect the noncompliance situation.
What happened?
1Bob
1.E doesn't apply towards the Transatlantic JV.
The applicable section to the TAJV is 1.P.
It was last amended by MOU 14
- TO signed MOU 14 in June of 2010.
- Two days ago, the first 3-year look-back period ended on March 31 2014.
- If the company was found to not meet the goals set in 1.P.4 for the Transatlantic JV, it has another 354 days to make good.
Let's just hope the company isn't planning on using the 12-month 49.75% loophole to disregard our accrued lower 36-month look-back percentage.
Cheers
George