What does income have to do with furloughs? If they're making that income in a system form needing X number of pilots and they have X+800, then that's all the reason they need to furlough. That's what happens at pax carriers. Demand goes down (doesn't matter if it's self loading cargo or freight), profits may continue at a lower level or they may go into the red. Just because pax carriers are typically losing money when they furlough doesn't have any bearing on our situation. The bottom line is that furlough is used when there isn't a way to gainfully employ a portion of the workforce - period. Corporation income has nothing to do with it. Very likely we'll continue to turn a profit, as usual. What do you think is going to happen - the company is going to use their income to subsidize 700-800 pilots they won't need for the foreseeable future?
TA fail or pass, I don't think the predicted exodus of retirements is a likely outcome. Pass - pilots who can will stay around to max out their A-fund bump and make all they can at the new, higher pay rates. Fail - those who can will stick around hoping for a TA 2.0 bump before they get shown the door. Then there's also the Age 67 factor too.