Originally Posted by
hammer189
TLV raised to 81. AF/KLM flying goes from eask to block hours. Both a big win for the company!
EASK to block hours is a concessions I didn't think possible even in bankruptcy.
We're already way ahead in block hours
because of EASK. This would allow a massive job shift to AF/KLM as we put smaller planes up against their bigger planes. Theoretically their A380 would count even with our 757, etc. We couldn't have possibly agreed to this.
Was this a misprint? Because if not its a far bigger worst case concession than I ever thought possible. What am I missing on this?
We couldn't have possibly agreed to this.
What does the VA carve out mean? I assumed it meant we still use ESK for that JV.
And the 50 additional E190/195 aircraft are supposedly tied to fifty less 50 seaters with 25 more 76 seaters. So DCI shrinks by 5% airframes and 2% seats, and we gain 50 "hundred seaters" which is a lot more than the lost 2% lift coming out of DCI.
So marketing clearly has a plan for that flying regardless. They need it, and with our without this TA, they will still need it. Why would we agree to this? Even if none of it is replacement lift for aging 320's/88's/757's/etc (which at least some of it probably is...is the 1.8 BHR enough to prevent that?) they will still need that lift. They are not going to leave customers stranded or abandon clearly profitable market share if we don't agree to this. They will buy the lift they need, period. If they want 100 seaters they will get 100 seaters. We can't buy them for them.
I read all the highlights. I still couldn't get past the concessions in section 1. Not even for 8/0/3/3 (adjusted for huge PS tier reduction, which means even lower rates when we back out the costs of the other layered concessions).
So no. Its an easy no too.
Like really easy.
POS15. Send it back.