All aircraft pay the same the first year and the new hire seat lock is only one year (something the company wanted to change in the failed contract). Currently no one will be staying on the aircraft as you pointed out the pay is lower. I would imagine that we will have a new contract prior to these aircraft coming to the line in 2017.

We will see how the re-engagement goes tomorrow.

Are you implying we will know something tomorrow about negotiations?

We shouldn't be negotiating right now.

Absolutely not, what i'm saying is that those EMB190's have a while before they hit the property and I would hope, I know hope is not a method, that we will have a contract by then.

True. But I think legally we have to pretend to.

Do you still believe that having seen our new opener?

Doesn't seem to have a particularly Moaky flavor to me.

I think we are in for the long haul. Ed just cashed out over half his stock while it's still over $51.

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I guess he doesn't value those awards they've been chasing. Dumping on the pilots doesn't bode well to running an award winning operation.

I agree theres no rush. But throughout the year RA and EB have been selling stock regardless of the price. I think they sell it and reinvest in in other places. DAL stock target price is over $60. Since these guys are paid in stock, they'll keep getting and selling DAL stock along the way.

Over half your personal stock is a big move out of the stock you are buying back as a manager. Look for buy backs to accelerate if the stock price takes a hit.

Paul (CFO) is getting out somewhat now too. CFO is Chief Financial Officer. I think they see trouble with the stock price until the pilot contract is settled.

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