Here's a thought that might make you guys all feel a little more secure, that is if you are an optimist like myself.

I do not think there will be furloughs at PSA or at Compass. Why, because even though majors will be cutting back around 17% in domestic flying, most of this is due to decrease in leisure fliers. Most of the aviation analysis I have read indicate the domestic business flying will remain intact or decrease slightly. Most of any losses in domestic flying will be absorbed by majors by significant increase in international flying in the next 5 years. What this means is that regionals like PSA, Compass, and few other regionals will wind up flying most of the domestic flying that was cut out of the majors. Now, I know some of you are saying well that is just as bad because regionals are taking over mainline routes but that's been happening already in the last few years. Yeah, I know it sucks because it means we will be stuck at regionals for a long time but at least we will have jobs until majors get back on their feet and start hiring.

This Age 65 rule change and the economy really put a screeching halt to hiring at the majors, but in the next 5 years most of these age 60 guys and gals will be retiring, which will be significant numbers.

Just hang in there. We are all in it together. See you all out there in the wild blue yonder.