Originally Posted by domino

Someone asked what happens Oct 1. Very simple. Most airlines furlough the numbers they have predicted. That is 20-30%. Going forward, as the virus refuses to leave and in fact gets worse, the airlines realize they need even less pilots. Country will be preoccupied with elections and so won’t be worried about Cares Act 2 etc. By January with a third wave in full swing and markets collapsing because of political wrangling, even less people with travel and airlines will continue to furlough. By March of next year I’d expect 50-60% numbers at best. 70% at worst. Only when a vaccine (late 2021) finally becomes available will people begin to travel. A robust recovery will happen beginning early 2022 and we should be back to pre COVID 19 levels by late 2024 once the country has settled down and the depression eased up.