Originally Posted by
Sink r8
I like the measured and rational approach, but two small comments:
1). 95% of the year before, over a multi-year downturn, seems like a poor choice.
2). 50% could be selling yourself short in future JV's. I think we're well above that with VA (and rightly so). Based on our size, and depending on the market, we might be entitled to more.
Just food for thought.
The 95% came from the DALPA explanation of 650,000 block hours used to target a 95% protection. 95% sets a movable floor that adjusts as the amount of global flying increases.
The 50% global requires we do half the total flying not controlling each JV or theater individually, which allows the flexibility Delta seeks.
My $0.02. I welcome the criticism.