I think that may be a rumor more than anything. Ream recently acknowledged that CHQ was a LCC of regionals. If such a rumor is true, Ream has no business of being the Chief Executive of Express. You don't refuse such rates initially (back in '05), single handedly drive a great airline from being profitable to imminent bankruptcy, lose billions of shareholder value, create the possibility of hundreds and hundreds of furloughs only to come crawling back on your knees agreeing to the rates XJT should've given CAL back pre-69 days.

Hindsight?