Originally Posted by
sailingfun
Sure I can. Let's start with the simple fact that VB's can only at the worst possible junction do nothing more then reduce credit time. Domestically I think we currently run 5 or 6%. The very worst that could ever happen is VB's reduce that to zero. That's so highly unlikely as to be laughable. Reality might be something like a .25% reduction if they do a great job with it.
The second thing to consider is with the restrictions and costs associated with the program opening a base might be a better option. In fact if there was really some gold to be mined here they would be opening additional bases.
The last thing is the program ends after one year. Absent sitting down at the table and negotiating the continuation of the program it's over. We can add anything we want to the LOA if we want to extend it including the right to end the program at any time.
I don't care for virtual bases but it's not even a slight concern for me. I still would bet that it will be such a small program that it will never be more then 250 pilots at a time in a VB. It would not surprise me at all to see the company not even try it.
your analysis is both shallow...and non-dynamic.