Yes they do, but it's worth less than the paper it is written on.

Furloughing is costly and that's what is stopping Envoy from furloughing. Not because they can't, but because it's there are cheaper methods of reducing a pilot group.

Fear and intimidation such as saying the airline will be shut down or turned into a ground operation, promises to give away all the 70 seat aircraft and shrinking the airline into nothing by slowly retiring all 50-seaters and by closing bases one by one until there are none.