I think it's obvious that spirit is in a great place to get aggressive with the contraction of the legacies. Rona situation changes month over month, and then travel demand swings with it, directly into LCCs.
It's just going to come down to how many chips they are willing to push into the pot.
Furloughing is buying gold bars, not furloughing is buying Bitcoin. Both likely to pay off, but one safer than the other.
I don't understand why everyone continues to comment on the "tone" of the MEC communications as furlough imminent. They've had the same tone the entire time.
Don't get me wrong, I'm preparing myself for the worst, not trying to spread false hope, but it's not over until it's over.