Originally Posted by
Jimdunbar
Why are we burning 4 mil a day with the cares?
1.5 million
My guess is that number is higher without CARES and a furloughing X number of employees. So you shrink (what do you shrink?) and still pay a certain percentage of your employees or you get CARES money and reduce service as much as permitted through CARES and the Govt picks up 100% the payroll instead of Spirt furloughing and incurring that cost and still paying all of the people left. Can’t really shrink away the airplanes except the 319s. The planes will keep coming. Only way to stop that cost is try and renegotiate or fold up the company.
The best choice if I was running the company would be to hope CARES 2.0 happens and reduce service as much as permitted via CARES and demand allows along with those non payroll operating costs and let CARES pick up 100% of the payroll.