Originally Posted by
Shadre Reevis
There is a chart directly above that example, on TA page 7. It is based on how many FedEx aircraft are added during a fiscal year. If our fleet shrinks you use the Negative column. For 1.25% wet leased hours, the first row shows the first 0-1% (Ex: hours 0-1000) is penalty free. The row below that shows the penalty rate for the remaining 0.25% (hours 1001 thru 1250).
Ok, thank you. That chart was confusing the crap out of me, as I thought it was expressing the percentage as a fleet reduction/addition calculation. Thanks again!