The flexibility in the cost savings is in the elements that make up the $8.9 million, including work rules and other initiatives that can lessen the pay cut impact.

We are continuing our efforts to work collaboratively with the flight attendants unit.

While the developments on the fleet are positive, we still have some important work to do on our restructuring.

You want to set rules, but with a lot of flexibility.

The only way to work with start-up companies is to give them absolute flexibility to do whatever they want. A start-up will have a business plan that will change many times over the first few years of their lives. If we have restrictions over what they can do with their technology, we're not going to be able to play in this game.

The new rules give listed companies more flexibility. The share incentives will stimulate the firms' efficiency and management.