Originally Posted by
Pilottim79
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.
did you listen to the call? He said we are taking the 200million in grant money, but that payroll cost for the same period was 300 million. Therefore, they are working with APLA and AFA to offer better COLA and leave options to close the gap from the 200 million grant to the 300 million payroll cost.......More details on the leaves will follow in 24-48 hours.