gloopy

Actually both seats at Compass as well as the removal of 6 seats from all 76 seaters, not subject to force majeure either. Additionally there is furlough pay and continued longevity while out on furlough and very generous recall/bypass rights, paid moves and numerous other stacked incentives and I think something to do with ALVs and the amounts of flying, etc. There's probably some additional things as well, not to mention the approximate 2 year break even period on a furlough "investment" as well as the critical mass necessary to justify doing it in the first place (I'd guess somewhere near 1000 or more pilots for 2+ years) and we're not even remotely near a scenario like that at the moment. Meanwhile we're closer to hiring and we haven't hit the fat part of the retirement curve which starts now and gets into full swing in about 2 or so years from now. IOW to furlough now would require a global cataclysm unless the company just wanted to make a statement by throwing a few dozen guys to the streets just to say they can, only to quickly recall them.