Originally Posted by JustNarced

Long time lurker here. My .02, but the company is sitting on its hands with 2022+, just too many unknowns. When I look at unknowns I think about:

-Money being invested in oil exploration is the lowest it has been since 2009. Oil prices are currently $82bbl for WTI and that is during winter. I think we will see $100-120 bbl come summer. After a decade of over investing in oil and the latest trends of banks turning away from funding evil oil under ESG political correctness, I just don't see this turning around quickly enough to rescue oil prices over the next two summers. High oil prices have always hammered the US economy.

-Europe jumped the gun on Omnicron, restrictions may plague summer travel again. Probably not, but it is an unknown. Our Pacific network is hanging by a thread.

-Fiscal instability due to inflation and attempts at rate increases. If assets come off their bubble valuations how will that affect the consumer's willingness to spend?

I'm just an everyday pilot, but if I can read the tea leaves then so can the guys in Atlanta who try to anticipate demand, plan networks and pass down the numbers to crew resources for staffing. It would be very wise of them to make smaller, as needed, AEs. The staffing decisions made over the past 18 months is the biggest management blunder I have seen in my career. However, no one asked me to come up with a survival and recovery plan for a once in two-decade apocalyptic drop in demand.