Thread: TC vs. Analysts
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Old 01-23-2024 | 10:33 AM
  #7  
Billy Tate
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Originally Posted by JulesWinfield
If you abandon routes where demand is lower and increase frequency with routes that are higher in demand, then you can become break even or profitable, which will extend your runway indefinitely. This may mean selling off more aircraft and downsizing even more. They have enough cash to pay off the debt in 2025, but it only leaves them with a few months until they're insolvent at the current loss rate of 100-150m a quarter. If they can break even or even turn a profit for the next few quarters, when travel demand should go up, they will be in a much better position.

I am not saying this is likely, or Ted and Bendo are even capable of doing it, just saying it is possible to do.

Did you factor in the CC holdback of 600m ?
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