I bet they are, while they are literally stretched as thin as they can go on pilots, and while they are paying them subpar pay and overworking them.

Down 300 pilots and and no major aircraft order will help any balance sheet, but if that's what it takes just to meet financial goals right now when everyone has disposable income, I wouldn't call that a win. No new airplanes, no expansion, no new owners or customers, no pilot hiring. Those aren't markers of a company hitting it out of the park, that is a company just trying to hang onto financial goals. If they hired they way they know they should, they would be in the red.