View Single Post
Old 10-28-2020 | 09:00 PM
  #85  
Qotsaautopilot
Gets Weekends Off
 
Joined: Oct 2010
Posts: 4,603
Likes: 0
Default

[QUOTE=Excargodog;3151421]Agree, but a $2.3 million a day burn with over $2 billion In liquidity gives Spirit substantial time for recovery.[=12pt/QUOTE]

No matter how much liquidity (much of it debt) they have they won’t want that cash to burn for long. If the passengers don’t come back by summer things will happen. If any of the big airlines file for bankruptcy before then things will happen sooner.
Reply