The thing about the surrender bonus is that it's actually just distribution of the $34 million they already owe ALPA. Not that we would ever see it otherwise, but at least it could have been used to nullify the money we would owe for rejecting PBS. Now we're gonna take the payout and take PBS after the 40th RJ, so in effect it's a payment for submitting to PBS.



Not true at all. The "bonus" is supposed to buy off the IAI and the credit for the amendment round, NOT PBS. PBS gets kicked down the road until the delivery of the 40th 175. Then we continue negotiations on PBS.

The biggest "buy out" of the bonus is the credit owed to us in the amendment round.