BD:
Rodger that. Bottom line is that the U.S. is in a recession and the rest of the World is slowly catching a cold. Echoing yesterday's Delta Air's CEO Mullin's statement; that the airline business is in a deeper than anticipated slump, that he believes the overall economy has reached bottom, but that he doesn't see a turn until well into next year.
What will save many pilots from additional furloughs will be the FAA's plan of tighter pilot duty limitations, requiring more crews.