I think I get what you are trying to say, but in a growing economy there is no reason why profits cannot continue to rise as we grab hold of our costs. IAG want their return on capital and will not stop in their pursuit of it. My worry about the IAG profit warning is how IAG and BA react industrially as well as commercially. Will expansion stop? Is a significant attack on our terms and conditions now firmly on the cards? I am very hopeful this uncertainty ends soon so that the economy, and thus the company and recruitment continues to grow. I do feel that people reading this thread should understand that the current recruitment wave has everything to do with growth (as well as new sickness assumptions) and very little to do with retirements.