Agreed. As someone said to me, “it’s hard to change direction once you set course on the furlough ship. The company has to make their best estimate on how long the reduction in flying will last and how many furloughs it will require before taking action. They probably already know they’ll be furloughs. They’ll take the COLA requests first and then after that it may take multiple rounds to fine tune it.”

There are so many variables at play. The markets change by the hour, the lockdowns continue to increase, no word on any truly promising treatments or vaccine and Congress is trying to approve a financial aid package, in the form of loans, that will include aid for airlines. They’re probably waiting for more information, just like every other company. I expect the furlough decision to come no sooner than when we have the COLA requests accepted and a clear picture of what aid, if any, that we’ll receive from the government.