In 2012, our economic analysis folks did not predict the billions in profits. So we accepted paltry pay raises and concessions. Now we know the truth moving forward. The company wants a fast contract because it will be difficult to negotiate in this climate of ridiculous profits, including stock buy backs, dividends, etc. I would predict they go on another buying spree, i.e. Virgin Atlantic, refineries, GOL and RJ purchases. They did it post C2102.

"Those who can not remember the past are condemned to repeat it".