Originally Posted by YerOnGuard

Let’s not forget, most of the US carriers have not financially recovered and are still operating in the red. I’m only aware of two companies that are operating in the black, both are ULCC’s.

Yes, I believe this is something to be concerned with. There are only so many black swan events any one particular airline can be expected to survive in this short period of time. We all know the airline mantra is “hire until you fire!” I’d be a little nervous if I was sitting at the bottom of a seniority list right now.