Originally Posted by
knm1229
it doesn’t sound like the grant is tied to F9 owning anything later. BB was saying that it isn’t really grant money. It’s basically the same funds that the fed would have to pay in unemployment if airlines were to furlough. Instead, they are using the same funds to just keep the people on payroll. The loans (which we don’t need) have strings attached and must be paid back.
Maybe unlikely, but I could see a scenario where we take the loans. It doesn't have strings attached to Indigo, just F9. It would lower our CASM to a even more ridiculously low number.
I mean if someone offered you and interest free loan, why not take it if you are 1000% positive you can repay it.