inaudible, we managed through the pandemic based on connecting flights, which was not that convenient, uh, for inaudible passengers to going back to, uh, a more point to point network, uh, with a very attractive, uh, point to point flights out of our other hubs, and also from our inaudible, uh, out of, uh, Sao Paolo, Rio, and Brazilian. That's happening as we speak. And so, at the goal, uh, in the goal, uh, ecosystem that, uh, it can have a significant impact on yields as, if, if we have some positive surprises on the corporates coming back. I think we'll see that more on the Q1, uh, because we're still in a transition on that. And we're still not back to normalized levels, uh, on market capacity, uh, as well as, uh, demand, uh, from the, the business traveler. And also the fact that you mentioned on the revenue side, obviously they, they have the effect on, uh, inaudible, uh, because it needs lower scale, and so less, less fixed cost inaudible. And so that's why our expectations for Q4 EBIT are down a bit. The other thing that is in there is, um, as I was mentioning, I think in the, in one of the previous questions, is an increase in, uh, CapEx. Uh, a- about a 200 million real increase in, in CapEx, into Q4. That, that mainly relates to investments in, uh, spare parts inventories. And other assets related to, uh, reactivation of the operating inaudible. And so, when you kinda, those are the factors, you know, one obviously on the yield, uh, capacity side, and them the other, like, CapEx side that account, uh, for about a, uh, a quarter million re- real reduction in our targeted liquidity, uh, for the end of Q4. But about half of that number is investment in assets. Like I said it also has, has a side benefit of increasing the, uh, collateral pool, uh, that's in our, uh, secured, uh, notes program. And those same effects will get you to the, uh, difference in the leverage. Uh, those exact same effects all kind of rolled into that. Um, and, um, and, you know, and, and, um, and so it's, uh, it's, um, it's a, it's a transitional, uh, quarter for us. Um, and, um… uh, there, there, there were, there were some s- uh, exchange rate effects in there, obviously. Uh, they kind of run through those calculations and put pressure on it, you know, on the, on the, on the net, net side of the equation also. Um, and those result in massive negative exchange rate effects, but those are not economic and don't affect the cash flow, just to highlight that. 'Cause we have gotten some questions on- Right. what it, what are exchange, uh, and monetary variations, you know, for those that aren't maybe familiar with, uh, investing in, um, developing countries with, uh, weak, uh, functional currencies. And our functional currency is real, uh, therefore, um, we have to recognize the exchange rate variation on the balance sheet, and that produces accounting effects in negative and positive, uh, you know, exchange, uh, in monetary, uh, variations. Which continue to be quite large, given the, uh, short term, uh, negative, uh, devaluation of the Brazilian real. And so, but that, for the most part, we recommend kind of backing that out, which what we, wh- which is what we try to do in our, in our, um, uh, uh, uh, uh, uh, furnished, uh, disclosure. mm-hmm <affirmative>. Certainly. Well, thank, thank you very much, uh, for the color there, Rich. I really appreciate it, and your time. Okay. The next question is from Duane Pfennigwerth with Evercore ISI. Please go ahead. Hey, thanks. Good to speak with you. Um, on fleet, can you just maybe play back, uh, for us the, the fleet simplification opportunity here? I mean, it's not just MAX, and, and you've outlined those. Uh, you did a number of fleet transactions pre-Covid, uh, you know, short term leases to solve for a gap. Uh, then Covid hit. Ca, can you just help bring us up to speed on, on where we are with respect to those shorter term leases rolling off, and, and what the fleet simplification opportunity is here. Yes. Um, yeah, we still have a, a fair amount of, uh, inaudible on short term operating leases. Um, where we have, you know, the optionality of either extending those or returning them. The, uh, the nut there to crack is the availability of MAXes. Market right now is constrained in terms of the availability of MAXes, just given that Boeing is still, uh, only producing a, you know, below 20 MAXes a day. So it's still quite low, which is about a third of what they were producing pre- uh, pandemic. We have all the financing sources lined up to, uh, as, as many MAXes as we want to, uh, in the short term, and next year. Uh, you know, the bottleneck is the availability of, uh, new MAXes. Uh, there are still some white tails out there, but they have, you know, significant configuration costs and other issues that, um, make them less attractive now. So we have the ability to accelerate the, uh, returns of inaudible based on the structure of our aircraft portfolio, which is, which still to- today at 100% operating lease. Um, and I think another part of this implication that you're mentioning, or, that you're hinting at, is that what we'll do also, as we move into the acceleration of the transition from the inaudible to the MAX… inaudible to this, you know, the operating cost benefit based on the lower fuel consumption and, and higher, higher seat count on those aircraft and so on, is the component of, uh, how we're financing those acquisitions. And so we will also be doing more, uh, finance lease, uh, transactions as we move forward. Uh, you know, somewhere in the order of between four, and maybe as much as 16 of those next year, um, depending on the availability of MAXes. And there's a significant equity value creation that, that comes with that, as you saw y- on the previous cycle when we did 40, uh, inaudible on first order with Boeing, and we've created an excess of $500 million in cash equity, uh, gains, uh, through that process. And it also gives us equity to borrow against the things like that. So the, I guess the other component I would say, Duane, of that is our ability to get back in the, uh, in the game of, um, uh, owning a, a, a portion of our fleet. Uh, you know, uh, t- the reason why we're 100% operating lease today is, you know, pre-pandemic, we had, uh, uh, finalized the inaudible of our inaudible portfolio, and we were in the midst of, you know, still in the midst of the MAX, the MAX, uh, grounding. And so we, i- in that, and then the pandemic happened, all that's kinda got pushed out. So we have enormous flexibility to return, uh, inaudible at a faster pace.