Not going to happen...probably.
1) It is extraordinarily expensive to have guys furloughed UNLESS you're planning on keeping them on the street more than a year. More airplanes are coming, therefore why furlough? Plus, you nearly kill HKG with that and that might not be the best way to go...BUUUUTTTT, you can SIBA it now, so we'll see.
2) FedEx doesn't want the pub of furloughing guys--it'll really make a wave in the business community and our stockholders will freak!
3) I keep hearing tales of "O" running around saying something about contracts we got are bigger than what the bean counters had originally thought and that there will be NO pulldown and NO excesses after peak. We'll see--I think he isn't completely in the circle of trust.
4) My take--777 is going to be a bidding nightmare. We'll need waaaaayyy more bodies in that to get past the "Two NDs in the cockpit together problem". I think the company doesn't know what to do about that. Plus, I am hanging my hat on Indy as a hub in order to make more room for the 777s and 757s. There will be more flight ops "requests to go back to the line" announcements. JL will be ruling the world by this time next year!
***All y'all can take it to the bank...especially number 4.
Clairvoyantly,
WM