Originally Posted by saturn

When JG said AM has cutback over twice we have, he never said between Mexico-->USA. That could mean between Mexico and Canada/Venezuela/Brazil, or even domestic Mexican routes. He's just highlighting the demand issue in Mexico, not our JV production balance. We violated the floor because we shifted SJD/CUN flights to the Caribbean.

I'm okay with a broader global JV solution. Trying to get these sorted out one by one at the pace we're JV-ing, allows the company too much initial grace time to do whatever they want post setting schedules. Then we are working in arrears, with the company having all the incentive to drag out negotiations. In the mean time they can adjust CAPEX to not invest in our own fleet, while our JV partners ink new orders to capture the growth (with us having seats on their board no less).
If we can get more universal JV language, they will have to deal with the JV partner/fleet planning/pilots before they set the schedules. Yet if we do a global JV LOA giving the company some flexibility to shift stuff around, we'd better be careful. We need to make sure their "flexibility" is never lower than neutral to the pilots. No swapping flights to Brazil for the Bahamas, etc.