Shrinking? No downgrades and layoffs so far. And now they are talks about extending the Airbus leases because they can’t afford to not grow because the MAX grounding seems to go on far too long. This isn’t shrinking. It’s redeploying a pilot base where the flying has shifted to.Correct.
There is dangling carrot “growth” plan but it’s just empty promises at this point.
Everything depends on the MAX. Not very reassuring.
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