Regarding JetBlue, anythings possible. But......
If B6 furloughs anyone the company is on the hook for min guarantee for the duration of each pilot's 5 year contract. Translation: if they furlough a newhire they owe him about 4.5 years of pay. If JetBlue shuts the doors that little bit of contract trivia is worthless. We can get in line with the rest of the debtors. Barring that, there's no way the rest of us would allow them to furlough some of us and not pay them IAW our contracts. All hell would break loose. The bottom line is that it would cost JetBlue more to furlough than to keep them.
BTW, our Q1 numbers are out. PRASM up 16.5%; CASM minus fuel down 0.2%, fuel up 40.5%; cash on hand $1B; net loss for Q1 $8M. All in all, not too bad. With everything we could control we did well. Like everybody else fuel killed us. Still, we're fortunate to be treading water, but who knows how long that will last. We're doing okay compared to others our size, but can we survive against even weak legacies? I hope so......