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Old 08-27-2020 | 04:49 PM
  #1661  
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JetBlast77
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Joined: Jan 2008
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Originally Posted by Huell
I agree.

I read where guys figure how long UAL (or any of the other airlines) can last based on available cash and the cash burn ... As most of us know, you don't go into BK after burning ALL of your cash ... You have to go in with cash ... unless you don't plan to ... Never mind.

Hoping for the best for all of you guys and gals ...
I agree, but they are saying they will have 18B on hand at the end of the third quarter and we are burning 25M a day. We have awhile before the white flag goes up.
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