This is starting to turn into a cash/debt doom loop. As they try and sell assets to generate cash, they become smaller and make less revenue to pay debts, engine repairs, etc and then have to sell more assets to generate cash and so forth. I'm guessing Q2 financial are not looking very good as well as the forward looking cash flows as the timing of this announcement is at a time of peak airline revenues. It doesn't get better than Q2 with Q3 closely behind.

Good luck to everyone and get those apps out. American and United probably have the most growth over the next 4-5 years with massive retirements and lots of planes being delivered. If you can get to UA, DL or AA take the job while you can.