Just did a 5 day stretch, and loads are a tad concerning. But i cant see how 4 million per day loss is accurate...Gotta be way better than that at this point. In March and April we were giving free refunds, flying mostly empty, 1 or 2 pax per flight up until the cancels. Now labor is largely paid for, and at least making some revenue, but in no way is this environment profitable.

That said, fair to assume airlines will make it look as bad as possible to bolster any chance at more government freebies.