Originally Posted by
BalloonChaser
Seriously!? That's comparing apples to oranges. In the deepest month of this "crisis" there were over 8 million game consoles sold in the US alone. No one is waiting in line for cheese or bread like they were in the 30's! To compare them is ridiculous!
Furloughs need 18 months (or so) to be a profitable return - You need to street the pilots for 18 months to get the benefit of the furlough. I don't think honestly in this "crisis" there was a period where you couldn't find enough proof that the turn-around was going to take longer that that! The fact that they would've needed to furlough starting around the $140 bucks/barrel time and hadn't and here we are two years later hiring says they did a good job speculating that furloughs weren't a necessary evil.
But to say they didn't furlough was because of the Compass flow? I disagree. If they needed to cut the cost and it was dire, flow or not, they'll street the pilots and figure it out later! Besides, I don't know many that would've taken anything less than a Capt. position at Compass anyway as a furloughee.
Anyway, sorry for the tangent, getting back on the highway...
You don't understand the economics well enough to be commenting. I didn't compare the Great Depression to the last 2 years. I said that the last two years was the worst economic regression SINCE the Great Depression.
There were many reasons that the company didn't furlough. I never said that the reason was the flow. There were multiple reason--the flow being one of them, and a significant one at that. The ROI on furlough is more than 18 months, and some of that is because of the flow agreement.
Speaking of the flow, this statement reflects you lack of understanding as to how the flow works:
Besides, I don't know many that would've taken anything less than a Capt. position at Compass anyway as a furloughee.