Delta events during the quarter, obviously we’ve had a very busy quarter. Delta accounted for approximately 22.6% of our total passenger revenue this quarter, a loss of the ERJ 145 flying would be detrimental to our current financial condition, specifically our cash flows.
As you know Delta had pursued a strategy to cancel our contract. Fortunately, as most folks know, we went to court and we were granted a preliminary injunction against Delta that effectively prohibits them from terminating a connection agreement which covers our ERJ 145 fleet before a full trail takes place.
A trial date has not been set and Delta appealed the court’s decision on the issuance of a preliminary injunction. We are in ongoing discussions with Delta regarding the 145 Delta connection agreement.
Prior to the court’s ruling, Delta planned to remove a significant portion of aircraft from service in early June and the remaining aircraft in July or later. Delta did not immediately reverse its plans based upon the court’s ruling. If Delta takes the position that the connection agreement does not obligate it to keep the aircraft in service on a full time basis, we will incur significant costs associated with the fleet of ERJ 145 aircraft.
However, we believe that Delta is obligated to keep the aircraft in service and required to compensate us accordingly. We have communicated this position to Delta and have been in discussions with them regarding the connection agreement. As always, we would hope to come to a amicable solution.