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Old 04-09-2020 | 07:49 AM
  #34  
FNGFO
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Originally Posted by Rocinante
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A round robin like that would be an innovative way to meet the requirements and cut costs. It could be done in one FDP too.

So, some more very rough napkin math. Assuming a rough correlation of 4% market share to 4% grant entitlement, that's around $1 billion of grant money (25,000,000,000 * .04 = 1,000,000,000). I've seen numerous estimates on the flight hour cost of an A320, but generally in the $7000-$10,000 range. Assuming an average 2.5-hour block, and taking the middle of that operating cost range, we might be looking at ~$21,250 per flight (8,500 * 2.5). Suppose the company even had to double our current 56 flights per day to meet the government's requirements, that's an additional $1,190,000 per day (21,250 * 56), or $35,700,000 per month (1,190,000 * 30), or $214,200,000 for the six month period (35,700,000 * 6). Granted, this math is extremely crude, but ~1 Billion > ~250 Million.

Seems like they'd take the money?
Well, the money can only allegedly be used for payroll. I guess they could plan to not spend whatever portion they don’t need for the six months and then use it for future payroll needs in a goofy numbers swap to make it look like it isn’t eventually used to cover operating expenses.
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