I don't like the reduction in the AF ESK percentage, but I do like the shortening of the window. The previous 3 years of bottomless potential abuse by the company, followed by another year to "cure" was excessive. The percentage under the TA will be worse, but the compliance aspect will be way better. Is that a fair trade off? I don't know, I'll have to talk to a lot more people and see what they say at road shows.

The 650,000 block hour floor for global balancing, which is only triggered when they are below 48.5%, seems like a nice backstop, but what will the exact effect be when and if its triggered compared to today?

Is SEA a hub WRT the Alaska situation or is it not a hub for the purposes of our section 1? Because that is the only definition that matters.