Originally Posted by
Sink r8
Right. So the other airlines might think fair is each airline gets 1/3. The others might want the VA flying to count against our share. Now Brexit. Tomorrow maybe Alitalia leaves? The whole thing is in flux. The world is in flux.
Looking at just the 50%, you could "win" simply by having our partners pull back some flying, something they might be driven to do. Then what?
I don't really know exactly how/why Delta chose not to comply, and I don't endorse it, but here we are. I don't know why the MEC focused on "winning" the RJ fight. They own the product, I don't.
I think they screwed up both upside/downside protection on the RJ side, but only history will tell. History will also tell whether or not it was better to add a block-hour floor on WB flying, but I think that part actually makes sense.
The whole thing feels neutral to me. I'd give it a B-.
I'm also in favor of a BH floor. The real question is, is that floor high enough to more than make up for what we gave up?
I don't think it is, so I'll give that a D+ in this climate, and if things change maybe give it a C on the curve one day. From what I understand, that "floor" is a good bit below what we're already doing, and we're forgiving their current shortfall in the JV as well.
Like I said, I think the 2 year no cure period is a win in and of itself, but I'm not sure it makes up for it.