Originally Posted by
NotOldNotYoung
Being too big to fail does not imply too big to cut. If demand falls off and they become overmanned enough, they can and will furlough just like FedEx could furlough if it makes business sense. I get concerned when I see rapid growth. What goes up usually comes back down to a normal trend just like what we see now post-Covid growth mania.
Furlough doesn’t equal failure to a business…but it sure feels like it to the furloughed employees.
Absolutely agree. The pax airlines can still furlough and they are still more sensitive to economic volatility than cargo. I am just saying that the traditional line of thinking about pax and furloughs is outdated.