CHAIRMAN NICOLAU: Yes. The last time we
10 met, in a somewhat smaller room, where even if it
11 was smaller we were trying to figure out a way how
12 to negotiate a treaty in this room, and this room I
13 guess is perfect for it.
14 The board asked both sides to reflect and
15 to consider what we have said and to come back to
16 discuss any revised positions that they had, that
17 they intended to make, and to present. We already
18 have a document from the America West pilots.
19 We would like to hear first, this morning,
20 from the US Air pilots as to what their response is
21 and then anything that America West wants to add,
22 and then we are going to take it from there.
3040
1 So Dan, how do you want to proceed in that
2 regard?
3 MR. KATZ: Well, I guess the first thing I
4 would like to do is respond to the submission that
5 we received electronically last night from the
6 America West pilots, and just say a word or two
7 about that. Number one --
8 CHAIRMAN NICOLAU: That is a little
9 backward, but I mean if you want to proceed that
10 way.
11 MR. KATZ: I would prefer, unless there is
12 a problem with that. I can start out by saying that
13 we don't have a modification of our proposal in any
14 respect that we are prepared to make at this time.
15 And if it makes more sense logically to start from
16 that I am happy to do that.
17 We have considered fully the observations
18 of the panel with regard to both side's proposals.
19 We have given careful study to the issue. We have
20 consulted with MEC and the advisors and done quite a
21 bit of analysis, and. So I think that is probably a
3041
1 good place to start.