We had a question about the impact of open skies on competition. Our main point about the barriers to competition (Freedom rights, foreign ownership) is that even when they are removed, the hub dominance and hub/national loyalty are still a natural inhibitor to competition. The EU/US open skies agreement has allowed competition up to basic 3rd and 4th freedom rights for all airlines as would be normal. Some carriers already had 5th freedom rights and continue to use them. However because of mergers, codeshares and JVs we have not seen many airlines enter the transatlantic market outside of their home countries and natural hubs. A few low cost carriers have tried but most have failed.