Originally Posted by tpersuit

No furlough worries, we were offered COLA's (Company Offered Leave of Absence). We retain seniority and longevity and keep our medical benefits and travel benefits. I requested one, but didn't get it since they went fairly senior. Mesaba and some other regionals have been doing this for months. We have let attrition take our numbers down. We are currently at 2800 pilots from 3100 last fall and we continually lose about 40 a month.

As for financial trouble, we are fine. Most of our business is profitable and our March load factor for our Branded flying was 73%, which we either broke even or made a profit. According to our SEC filing we are currently hedged at $2.40/gallon for 70% of our fuel in 2008, on our Branded side, where we pay for our own fuel. I'm not really worried at all.