Originally Posted by
trustbutverify
OK, help me out here. I AM the guy avoiding the math because they said there'd be no math when I joined APC.
Your Virgin Atlantic and AF/KLM/AZ protected BHs alone add up to 924,044. And now we're saying a 650,000 BH floor TOTAL for ALL INTERNATIONAL is good? What am I missing?
VA is under its own agreement separate and apart from the Bundle 1 EASK's of the AF/KLM JV.
I would recommend reading section 1 in its entirety.
Each JV agreement has its own particular rules that govern balances.