I don't see any significant threats to FR business, it makes total sense to park the fleet when you can't cover the cost of flying them, much of that cost burden falls on crews stood down over the winter period, but with an over supply of pilots i doubt they care, yes SFO are going the sandpit in droves but that just frees up RHS seats for the training machine. Keeping Captains is the key.
I thought MOL over played the downside risk yesterday, with oil now around 19$dpb less than two months ago they should make millions more just doing what they are doing now?
How many aircraft net of returns are due this year?