Originally Posted by
4dalulz
Your board of directors (ATSG) at their last earnings calls indicated a reduction of one, possibly two, aircraft at Omni and indicated that 2020 was an exceptional year which is not likely to be repeated.
Additionally, my guess is ya'll would be seeing hard furloughs if Omni had not received federal paycheck protection loans (which forbid hard furloughs). My best guess is that when that protection runs out in 3 months - that you'll end up seeing those hard furloughs.
Rest of the industry is adding airplanes and crews; if your airline is actively doing the opposite I would not call it a good deal.
Initially you said Omni is furloughing, now you're guessing. What we know is they took government money like the rest of the industry took and not all of their flying has returned to pre covid levels yet. Time will tell how it pans out. For those in the pool they'll be waiting till things pick up.