Yes I do. You're saying 75% of your flying is for CAL so CAL is paying for 75% of your costs. Except they aren't. CAL is just paying for completed flights that's it. A negotiated amount per flight. if your CEO gets a fat pay increase CAL isn't writing a check for 75% of it. CAL is only responsible for 75% of your income NOT for 75% of your costs which is a huge difference. I don't think I'm missing the point here completely. You say you guys have a ton of money in the bank so they aren't worried.


I say they are ^^^