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Old 10-11-2016 | 08:22 AM
  #96  
Sink r8
Gets Weekends Off
 
Joined: Jun 2009
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I have no idea how you went from what I said in my post, to what you say in your post, Gloopy.

But to address yours: of course, the deal needs to be fair. 50/50 sounds fair for one side of the Atlantic against the other. EASK's is fair too. It's awesome on the upside, terrible on the downside. So we traded compliance for a combined % and block hour floor, with slightly lower %. If you think we're facing a downturn (I tend to), it's something to weigh, but nothing to have a coronary over.

Right now, I tend to view Scope as neutral in this TA, but I reserve judgment. Ironically, history might tell us the mistake was not improving the ratios on the NB side. We have protections on the JV, and globally, but are we exposed on the NB end?
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