I just spoke with the CP at Horizon 45 min ago. He said they have not told him what the announcement is. He said they havn't even told the VP of Ops. I asked him his opinion and it was not good at all. He said he thinks Horizon is looking at "substantial airframe reduction". (his words not, my interpretation) I put more stock in what he thinks than the Van Driver, or anyone else mentioned in this thread. Furloughs may be soon to come.

As to why Horizon is hiring? Well, a pilot in class can get furloughed just as easily as anyone else, so it means nothing.

Two 400's for every CRJ returned sounds like a pipedream at this point. But the CP's opinion is just that. So keep smokin' the pipe and maybe your pipedreams will come true. Meanwhile I'll be digging my pipe out of my sock drawer in preparation for my year leave.