Thread: Prediction
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Old 10-20-2020 | 05:03 AM
  #53  
130shadow
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Provided the loan component of the CARES Act is still offered, the Company must claim its full original allocation by the deadline set by the US Treasury. If the Company does not subsequently access that full original allocation prior to the deadline for such access set by the US Treasury, or if the Company does not otherwise borrow or raise the amount of any shortfall to that full original allocation through any other public or private market source, then no Pilot shall be placed on furlough prior to the first day of the December 2021 Bid Period.


This is saying that no furloughs prior to DEC 1, if the company doesn’t take the full allocation.......
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