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Old 04-23-2020 | 03:51 PM
  #32  
Noconcessions
On Reserve
 
Joined: Apr 2020
Posts: 184
Likes: 7
From: 737 FO
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You all need to be focused on your back up career. For now, all of you are toast. The mainlines CANNOT get the majority of their fleet off the ground even if everything was opened tomorrow. They require a government letter of credit just to get fuel. Vendors are not going to float them 30 days at a time. American is in such dire straits with its 300% debt ratio that it will probably require a pre-packaged CH 11 while receiving PPP aid. The "alliances" of the big 3 are no more. That means the Euro. countries are NOT going to be paying American carriers to fly their passengers. Get the back up gig going NOW!
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