I hate to be doom and gloom but even with CARES extended into 2021, I am not sure what that will do. March 2021 is like 6 measely months.

At some point, passengers either come back, or they don't.

If the 2020 total for the year (Jan-March good, March-May crappy, May-Aug slightly better, Aug-Dec ???) is 50% of 2019, then that number is basically the pax count before 2003.

If 2020 is 75% of 2019 (which it won't be...) then we are at 2007.

How many pilots and airframes did the airlines have in 2007?

I am not a Phd economics from Harvard, but I don't see a bright future ahead anytime soon, barring a vaccine and resumption of confidence.