Originally Posted by
Denny Crane
Now I think that's an unfair characterization. I kinda feel like darned if you do and darned if you don't. I know I'm going to regret this but it seems to me you guys are critical of senior guys about scope no matter what we say. Consider the discussion about small jet scope in contract 2012. On the one hand, it's now contractual about getting rid of 100's of 50 seat RJ's for some some more 70+ seaters. On the other hand, the 50 seaters were going away anyway. Okay, you convinced me, they were/are going away anyway. Now why would I want to spend negotiating capital to make it contractual? Isn't that what we did in C2012 and many guys were upset about the deal?
I'm confused.
Denny
Well, the percentage of flying we do should temporarily improve in the near term as we go forward as a result of economic and regulatory factors. What makes it permanent is scope. Changes to the scope clause will cost less negotiating capital when it is less desirable to the company. I'm not saying burn all the capital in CY15, but there will be some cheaper opportunities in the future to shore it up. Buy low and sell high. It's easy.