Even if that ends up beng the case, if we furlough to the bone (let's say to the 10K pilot level in your estimate) and then Q2/Q3 2021 demand would require 12.5K pilots, we just played ourselves. This is a huge threat going forward and one of many reasons having the ability to rapidly flex up (much faster than recalls and AE advancements would allow) could be critical for our survival and certainly revenue, profits and growth going forward.

SIL's and lower ALV's will drive much faster returns to bigger profits on the other side compared to shortsighted mass furloughs.