Originally Posted by
johnso29
OK, I planned on going home this morning until Crew Scheduling gave me an 1830 show so I've got crashpad appreciation time. Let's talk about this volcano.
We just went through one of the worst(if not the worst) economic downturns ever without furloughing. Capacity was drawn down what, 20%? We are now starting to see the Pacific loads pick back up, domestic is running at 85% load factor or higher, and oil is behaving for us right now making our hedges a profitable buy.
So unless this volcano keeps ash in the air for 2 years, I can't see the need to furlough. Maybe if it was less then 200 pilots, but any more then that and I don't think they will get the ROI. Maybe Slow, sailingfun, alfa, or ACL can chime in.
Actually, anybody chime in. That's why I started this conversation.
I agree. It's like a bad snowstorm that causes us to cancel alot of JFK stuff in the winter, it costs alot of money, but once the storm is gone the flights all resume. This will no doubt cost us tons of cash, but when the ash is gone, I don't think they are planning on a pulldown in capacity. They may actually have to add extra segements to get all the people that couldn't fly the last few days to their destinations. Bad for the bottom line this quarter, but don't see it effecting staffing at this point.