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Old 03-25-2020, 04:56 AM
  #7  
Voski
Gets Weekends Off
 
Joined APC: Jul 2008
Posts: 606
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Originally Posted by AYLflyer View Post
https://www.marketwatch.com/story/se...?mod=home-page


One key thing I'm reading is the furlough protection

"The measure also includes a major boost to unemployment insurance, allowing workers who are furloughed but not laid off to be paid their regular salaries for up to four months."
This is great assuming travel demand rebounds this year. While this is what I hope to happen, I’m skeptical because the economic fallout from this worldwide economic shutdown is unprecedented. This bill rescues airlines from financial collapse; airlines are still going to have to ‘right-size’ their operation with travel demand... furloughs are more or less, unfortunately, inevitable.

Here’s to a speedy recovery...
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