You are totally right - it is protectionism. If we were to have a so called conversion today, a lot of businesses in Europe would shut down. I think it will take a long time and some big concessions from both parties to get an agreement. There are just too many differences in basic training and medical. At least that's their point of view. They just take a lot of pride in their system and some will tell you flat out how FAA licenses are "rubbish" (I got that one once).