Originally Posted by
CAirBear
Given the tone and matter of factness, and lack of panic I sense, from TC emails and VP of Flt Ops, I think it’s clear they are going to ride this thing out. Already found some good financing it sounds like in the private market.
Im not saying we will be flying the same amount of pax as we did just a month ago, but by fall Sept/Oct if you think we are still only flying 25% of our schedule and 20 pax - then I don’t know what to tell you. People aren’t going to live holed up in their homes for the next 6-12 months.
Its going to come back. I believe late summer, possibly middle summer, it will start to climb back out of this. I believe that and I think it’s clear TC and company believe it as well.
Also, this could have been pre contract, but I think I heard we only need 66 pax or (close to that number) to essentially break even.
Even if the rebound is slow, as long as we are able to BE or very minimal loss we can still function.
I agree with you that things will start to improve by the end of summer.
The 66 number may have been true with yields pre-virus, who knows what it will take to be profitable after. I’m guessing a whole lot more.