Originally Posted by
vipereaglebus
Bold statement. If that’s the case, why did the company negotiate for the ability to furlough 2000 and still keep the TA going? If what you say is true, the company could have just left that part out since bankruptcy triggers termination of the TA anyway. Am I missing something?
If the airline isn’t at a place by next summer that’s north of 70% of 2019 the company will only have a few months of cash left until they must go bankrupt. If next summer is a bust we won’t make it through next winter.