Sorry, it's a possible 2% loss (4% is misleading) with a global block hour floor minimum of 650,000. Our current contract is a minimum of 48.5% period. Not 50.5%. So we are allowing a 2% reduction. At what the company is currently flying, Dalpa says to get to 46.5% would be a reduction of one flight a day and the block hour floor would be effective. As I've said before, I wish it was higher but I'm not willing to "throw the baby out with the bath water" on this one. Yes, it favors the Company but we got something new established in return and maybe in the future we can expand upon it.

Denny