Originally Posted by
Bluesteal
Part of the reason no furloughs happened was because of Bailout money to the airlines... there will be no bailouts this time around and Oil unfortunately will continue to rise. We are in a crazy and insane industry. We can go from hiring thousands of pilots per year to the music stopping withing 2 months.
This is true, except unprecedented retirements coming, not only that but the pilot group worked with management to reduce costs before CARES money, and there’s many more juniors now, as a skeptic I am optimistic. Unless this expands to NATO then all bets are off.