Originally Posted by
juliet
Just to be clear here, and please correct me if I’ve misunderstood, but rehiring of redundant pilots if incentive goes over 60 hours only applies during the AFFA. The AFFA can be extended out to Jan 21 as it stands. Once the AFFA ends in Jan 21 then all terms return per the CEA. The CEA has no clause detailing when pilots will be rehired having been made redundant, meaning that per the CEA the Company can operate the fleets to as high an incentive value as they like without rehiring.
Correct. But everyone knows the AFFA will get through a second 9-month extension out to almost the end of 2021.
Considering that all we are waiting on is a vaccine, I would say that the end of 2021 is about when everyone sees it all picking back up. After all, it took 20 months to create a SARS vaccine. 7 months for an EBOLA vaccine and less than 6 months for ZIKA.
Covid vaccine trials started just after 65 days. I imagine the world will see worldwide vaccine spread by the end of 2020.