Carl;
We been over my statement many times. I see no reason to repeat that debate again.

You call my observations of APA slander, I call it a honest observation. I know that if I was there I would be more than frustrated. I know I would love to see those pay rates, but I would also realize the reality of where the company is, and where the talks were. With the stalemate, they retooled their leadership, and many feel that they will have an agreement early next year.

Do you think it will be 1992 wages plus inflation? I do not, I think it will be a strong step in the right direction, but not a grand slam.

We keep looking in the rear view mirror at what we had, and that is a good guide, but you must look at the entire picture and frame it. Start with profit margins, and debt, and debt service. With being debt owned many airline's hands are tied. It really is up to the banks to sign off on any expenditure, not the Board. They threaten increased interest, calling in loans and a ton of other tactics.

The best thing DAL is doing for our cause is to pay down debt and purchase jets with cash. It makes the leverage of the financial institutions less of a hurdle.