Originally Posted by
Jimdunbar
Well, if I understood what they were saying yesterday, the won’t take the CARES money if it stipulates no layoffs or furloughs. Spirit is in survival mode at the moment and they said it’s cheaper to furlough. So unless I misunderstood or something miraculous happens, furloughs are coming
Why would they not if it covers 100% of last years payroll for the time frame line CARES 1.0? It would cost Spirit nothing to keep everyone
edit: I guess this was answered above me.