Currently at trending a -$400 million or so loss at the low end per year. This operating loss will grow substantially as planes are parked. With liquidity of around $1 Billion and a bond that has to be rolled over by September 2025 there is a good chance we will be entering bankruptcy to liquiditate to our creditors.

When this happens, how are our non-vested 401k contributions, sick time, and vacation time handled? I assume we lose all these?

Would it be worthwhile to bid vacations to be earlier in the year to get that money before the company dies?

If we lose our 401k contributions, is it worthwhile to withdraw our 401ks, even with the penalty fees, to keep at least some portion of our 401k balances from being clawed back by creditors or an insolvent company? I saw this happen at PSA - guys got furloughed and their 401ks were seized by the company. Can that happen here?

Do sick time get paid out when the company shuts down?

Is there a risk of not being paid at the end? I understand if I ride this thing all the way to liquidation I may end up stranded somewhere and have to pay my way home - do we immediately lose CASS access?

This is not a discussion about stay/go. I am simply trying to understand how I can extract as much value out of this enterprise if it becomes a necessary course of action for me/waiting for response from applications. Thank you.