4 million cash burn per day “which is the trough, with flexibility on that number coming after September 30th” -Scott

June schedules will be down about 90%

they are expecting leisure market to come back first before business travel and long haul

they are in negotiations with airbus now to reduce late 2020 and early 2021 delivery’s by roughly 40%

might be getting the number off a little but 24-29 aircraft that are on property now are off lease and come sept 1 those would be the first to get cut if they need to right size the airline which would be about 20%. Mostly 319 and I think 4 320s

management says they are playing it conservative with adding capacity back. They want to see demand then they will rebuild schedules. No telling when that will be but they alluded to late June-July bookings being a good indicator for the future as things start to open back up

they are seeing bookings closer to departure which could be a good sign for things coming back moving forward

lots of financial jargon that my poor airline pilot brain couldn’t understand but there was lots of talks about how they did/are reducing costs and securing future cash to weather the storm. Some 70ish million loss in the quarter overall