That's what I said. Envoy situation specifically though is tenuous and it is in a perilous situation. If that weren't the case, they'd commit the options to you, but they didn't. Now, it seems they've got operatives in a full court press to ring a dinner bell for all pilots that will leave them hungry for many, many years.

Clearly, Envoy is desperate and if they don't get a strong stream of new hires, it will wither on the vine sooner rather then later. Besides, Envoy has several hundred senior pilots on 18-year captains scale raking in $120,000 a year (I used to be one of them). Parker would be a fool to shell that much out for pilots he doesn't have to compared to all the young pilots chasing upgrades for chump change.

With Envoy shrinking and the flow to AA likely to stop for the furloughees, I'd expect no reasonable upgrade opportunities for new-hires for a very long time, despite the fervent pitch of Envoys sales gal here.