Originally Posted by
hummingbear
Most of these triggers suggest we’ll be under the LOA for the entirety of ‘21. The more important metric to watch in the short term will be pilot block hours. Above 70% 2019 numbers, we’re effectively very near UPA hourly guarantees, even with the LOA in effect. Since multiple termination triggers require certain metrics to be met across one or more quarters, it’s likely we’ll see multiple months at 70MPG before the LOA actually gets officially terminated.
So while we probably won’t see termination in ‘21, I’m mainly hoping for block hours to get up into a more comfortable range before this round of stimulus expires.
stimulus expires 3/31/2021
april will be 60 % of 2019
may and thereafter 70 % and possible higher after vaccinations reach 70% of the population