Everyone take a deep breath - it is way too early to be talking furlough. Consider the following:

1) The down turn has to be considered more than short term to furlough - based on all previous models we are still short next summer

2) We will not know the results of the PRIP until mid-July

3) There a BUNCH of voluntary staffing mitigation programs used in the past that have not even been discussed yet - SLIP, PML, VL, VF, etc, not to mention reduced ALV's. They can also sweeten the PRIP to nab more as well.

If and when all those have been exhausted, AND they are still overstaffed, and the capacity reduction needs to be more permanent we might see the dreaded F.

At this point it would be a guillotine where they need a scalpel.

JMO....