It's time to put the issue du jour to rest with a brief discussion of the #LeggingsGate situation (1:43). Once they're done poking fun at Lululemon, Vinay and Rohan move onto more pressing topics, namely Delta and Korean Air's proposed Joint Venture Agreement (8:30), which will (finally) give Delta the fortress hub of its dreams in North Asia, after years of head-wringing. And the transpacific partnership plot thickened further with American's new $200 million stake in China Southern Airlines (33:30), hopefully a sign that OneWorld will be able to ante-up its position in mainland China relative to SkyTeam and Star Alliance. Back home, Frontier has come clean with its IPO plans (44:40) which may be the poorest-kept secret of 2017.