Originally Posted by
CLazarus
I do understand all that and am well prepared. If the economy stays completely prostrate I won't publicly guess where it will all end up. But, the folks who just look at today's displacement totals and simply assume that it equals total furloughs are getting way ahead of themselves. This is going to take some time to sort through.
That's why I think seeing the long term NB FO numbers after any subsequent displacement rounds is an important factor. For example, we started with about 4300 (incl 756 FO). Lets just randomly guess that NB flying is going to be down 25% next summer (so, we'd only need about 3225 NB FOs). After a couple of rounds of displacements if there are projected to be 5225 NB FOs... you can do the math. We have a lot old jets that are going to be retired and we have quite a few new jets coming to replace at least some of them. I'm not trying to blow sunshine where the sun doesn't shine, but there is more to this than the headline.
Typical management
take pay cuts or here it is
fly less but not for less