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Old 08-05-2020 | 04:23 PM
  #49  
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rickair7777
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From: Engines Turn or People Swim
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Originally Posted by LoneStar32
That is my point. Has to be free money no strings attached to cover payroll. If it is anything less the airlines are going to say thanks but no thanks but we'll furlough instead. That is why all of this is highly unlikely.
For the most part yes. An airline is not going to take $2B in grants with strings if the strings cost them $3.5B

But there's a little hope. If they get $2B but only have to spend $2.2B, they might eat the difference to keep the capacity enabled, on the off chance things turn around.

But honestly I wouldn't expect "no furloughs" this time around. The part of the public which is paying attention would be PO'ed by that, although it seems most of them aren't paying attention (none of my non-aviation friends or family were aware of the original no furlough deal).

But airline aid is still a good thing, even if you personally get some time on the beach. You'll come back sooner and to a better life if your employer can stay out of Ch.11 (or maybe just come back period if they can stay out of Ch.7).
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