Originally Posted by
Aquaticus
If we furlough 3900 pilots + retirements +medical outs the airline is bankrupt and we will never be competitive again. We have too many fixed costs. Whats the next great idea?
Then plan on chapter 7 for every airline then, because revenue's running less than 15% of 2019 numbers for most airlines. All of these airline managements aren't making up just how bad things are - it's real. And every airline will have to shrink massively if revenues don't improve soon.
I do not understand how people can read the financial numbers which aren't being faked, yet think that management is overplaying how bad things are. No, they're understating just how bad things are and chances are there will be some airlines that don't make it to the other side of this.