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Old 10-09-2016 | 12:30 PM
  #27  
BtoA
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Joined: Oct 2016
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From: Moving left
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Originally Posted by TED74
"Due to the ensuing decline in the European market, Delta elected to transfer that planned growth to other international theaters, putting them out of compliance with the AF/KLM/AZ JV agreement. While this resulted in a grievance that the Company settled with the Association for $30M, Delta’s total growth in international widebody flying during that period was essentially the same as it would have been had Delta complied with its agreement with us."

I'm not following this logic. If there was money to be made elsewhere around the globe and we shifted to increase market share and generate revenue, we should have been doing that IN ADDITION to the company's continued compliance with the contract. That activity would have resulted in more wide body jobs, and more hiring.

What am I missing?
EXACTLY. Contractual obligation.
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