Everybody is going to furlough. Very simple math. 40% pax expected by oct 1st. You either shrink your payroll or you slow roll it to bankruptcy. Not much choice. Everybody basically in same boat. If the forecast is right of 70% by next summer, how can companies continue with 100% aircraft and employees, they can't. I believe most carriers are taking the wait and see until their minimum furlough announcement dates comes about to not set off panic.
AA is planning on shrinking as well.
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