The issue with Bain is they said they want to change the model. While all bidders would have made tweaks these guys have started talking about Virgin Blue and low cost carriers in the dialogue. Murphy said it’s not going to be business as normal ‘that’s the reality’. What that actually means is the big question. That’s is nothing but Bain’s reality.
Cyrus said they will keep the model as it is but reduce the fleet complexity which is where they claim is the largest upside of any potential successful transformation.