Originally Posted by
tailwheel48
The rumor is that UAL will be picking up some Latin and S.American (maybe even Asian) flying out of IAH. I think the issue is addressed in the TPA and as long as block hours remain at a constant ratio, they're in compliance.
This was bound to happen sooner or later!
Per the T & P A:
"In each consecutive six (6) month period during separate operations beginning on the Merger Closing Date,
the ratio of aircraft block hours
scheduled to be flown by United to the aircraft block hours scheduled to be flown by Continental, will equal or exceed ninety percent (90%) of the same ratio for the same six (6) month period during the period May 1, 2009 through April 30, 2010 (excluding United’s 737 scheduled aircraft block hours during the period May 1, 2009 through April 30, 2010). The applicable scheduled aircraft block hours for the period May 1, 2009 through April 30, 2010 are shown in Attachment C."
The ratio doesn't have to stay the same as it can go down to as low as 90% of the premerger ratio.