Carl,

By "worst case" do you mean with the Virgin JV, or without?

Without the JV, something like 300,000 international widebody block hours are unprotected.

JV scope is limiting, not a goal. We should not assume to know what the Company's plans are; economics change moment by moment. But we can, and do, build baseline protections ... and in this case, ensure our participation in growth.

Along those lines, Heathrow is slot controlled and it makes sense to run the largest gauge available into those limited slots. If so, Delta would have to add more international wide body block hours to keep up on an Available Seat Kilometer basis.

Again, we are debating an LOA which has not yet been fully vetted by and debated by our Reps, the men we trust to perform the job with the assistance of subject matter experts. We should defer to our Negotiator's Notepad and Reps' communications.