Originally Posted by acl65pilot

Ferd;
Read the PWA, read the LOA's and realize the the PWA states if the FLOW, not up or down being canceled invokes said trigger and the LOA's state that the flow UP can be canceled and the flow down can remain. Two layers of protection there.

CPS and or Mesaba can cancel their flow up per the LOA's, but to cancel the flow down would require all parties to agree to this. So if they cancel the flow up, it does not mean that the flow down is gone. Degraded, yes, but still there.
The PWA states if the flow, and as I read it, that is up or down. So in effect these regionals have control over the 76 seat setback trigger.

Also of note, I have not seen an 8K on from TSH on the acquisition of CPS. So they probably have a condition of sale in the purchase agreement about this flow. The devil is in the detail, and I would assume that there are quite a few in the ASA as well has the purchase agreements of both of these carriers.