PPRuNe Forums - View Single Post - Peaks and Troughs of the US Airline Industry
Old 24th Jun 2008, 04:20
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Flyingblind
 
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Peaks and Troughs of the US Airline Industry

Not really any surprises and i suspect this could be just the tip of the iceberg.

http://www.chicagotribune.com/travel...0,554576.story

Can anyone enlighten me as to the difference between 'furlough' and to be 'let go'? is it a peculiar American bean counter thing so management get to withhold payment of benefits or simply local terminology?

Anyone think this will have a flow on effect to Australia, or is it a correction of unsupportable business models and inefficient management?
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