Mr. Joe Thompson:

In the case of the BA-BMI transaction, the slot remedy was applied by the European Commission in its role as competition regulator in that transaction. There was a period where there was a lag between the BA-BMI transaction being concluded and those slots being available for other operators to commence service in competition. There was a period of monopoly for British Airways after the acquisition of BMI and before Virgin Atlantic commenced its domestic services. That is one of the challenges we faced. The barriers to entry become higher when there is a period of monopoly service provision.