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Old 10-26-2022, 07:58 AM
  #13220  
todd1200
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Joined APC: Aug 2007
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So our flat-to-better CASM ex-fuel guidance for next year for planning purposes, does not assume any change to our current CBA. Unlike a lot of the contracts that are currently open, ours is actually just opened. We are at the negotiation table, working through the complexity of a potential update to the CBA. And so from a planning perspective, as of right now, we're assuming the CBA -- no changes to the current CBA for next year.”

If investors have been hammering them about costs and they want to show they’re doing something about it, it’s not surprising that CASM would be presented in a way that may restore a bit of confidence in their ability to get our costs under control. Why would they make it look any worse than they absolutely have to.

If they talk about pre-tax income for next year, it doesn’t mean they don’t think they’ll have to pay any taxes, just that taxes weren’t considered when they were calculating those numbers.
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