Originally Posted by
chrisreedrules
Does the current cash burn rate account for the Payroll Support? As in, after October 1st does cash burn go back up?
And I agree, I think a trip to the courts is in store for all 3 legacies by next summer. Further government grants and loans will likely just push the time frame out that some airlines file.
yes after October 1 the cash burn will go up because UAL will have to cover payroll expenses again which isn’t part of the current cash burn. It was stated by BQ during a townhall.