Thread: Earnings!
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Old 07-21-2020 | 04:29 PM
  #15  
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cadetdrivr
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Originally Posted by 49er
If we have $18B in liquidity and our cash burn is 25M per day, any guesses on how long we can continue at this pace till a recovery comes about?

As a guy who is near the bottom, but not WARNed yet, am I wrong in thinking optimistically that based on these numbers we might just be able to keep flying empty airplanes for a few more years and wait out a recovery without furloughing 4000 pilots?
I think you are half right.

UAL is not going away. But the airline will be staffed for whatever demand is forecast, unfortunately.
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