A little bit of good news...we had enough people throughout the seniority list take the voluntary RIF buyout that involuntary furloughs are no longer necessary. Albeit some who took the money were junior enough that they would have been furloughed anyway, but this was a decision they made on their own and now they have a chunk of cash to take with them. Best of luck to all who are moving on, doing what is best for them and their families.
Not sure how this will affect potential downgrades. We had some pretty senior captains bail, so hopefully downgrades are minimal.
Not sure how this will affect potential downgrades. We had some pretty senior captains bail, so hopefully downgrades are minimal.