Originally Posted by
GPullR
Rumor is the snap back is tied to loads and a definitive date. Easy to have a hard snap back, just start furloughs at that point if it's not working out. Just like jb and others.
That makes sense, from what you know, there's no mention of BK triggers? If UA somehow reaches covenant cash flow limits prior to the snapback date or passenger loads, then we'd enter bankruptcy with the concessionary agreement?