It seems like it's going to get worse before it gets better
No less an authority than former Federal Reserve Chairman Alan Greenspan wrote this week that "the current financial crisis in the U.S. is likely to be judged as the most wrenching" since the end of World War II.
If history is any lesson, the treatment of furloughees after 2001 left something to be desired. Our "No Furlough Clause" and it's associated grevience were negotiated away with no benefit to the furloughed pilots. During the concession process, the active pilots accepted huge increases in working hours and reductions in work rules which extended the furloughed pilots time on the street by years. In the end, a large bond payout was negotiated for the benefit of all UAL pilots for the termination of the pension plan. The MEC purposely excluded all the furloughed pilots from the process, thus increasing the payout to the active pilots.
Join at your own risk.