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Imapylot 04-15-2020 11:08 AM


Originally Posted by Da Vinci (Post 3032779)
i believe the realignment opens today and closes in 15 days from now

Yes. I know that. The first part of my comment was about bailout money.

pangolin 04-15-2020 11:46 AM


Originally Posted by Imapylot (Post 3032791)
Yes. I know that. The first part of my comment was about bailout money.

Do not panic. Mesa wasn’t mentioned either but they did apply. Only those with over 100 mil in payroll were mentioned. Stay tuned.

BigZ 04-15-2020 11:53 AM


Originally Posted by pangolin (Post 3032830)
Do not panic. Mesa wasn’t mentioned either but they did apply. Only those with over 100 mil in payroll were mentioned. Stay tuned.

Another article did mention that xjt and rpa issue was that they aren’t publicly traded.
Neither is ZW

RAHkid94 04-15-2020 12:10 PM

I think there’s some “free” money on the table that I bet we apply for. However, some of the loan money could require equity stakes in the company. Based on how the financial dealings of the company are more closely guarded than Fort Knox I can’t see that happening.

dremaldent 04-15-2020 12:59 PM


Originally Posted by Da Vinci (Post 3032779)
i believe the realignment opens today and closes in 15 days from now

Realignment is delayed now...

Imapylot 04-15-2020 01:02 PM


Originally Posted by dremaldent (Post 3032878)
Realignment is delayed now...

Why is everything being delayed at this point? Do they even know what they’re doing up in ATW?

TT15 04-15-2020 01:03 PM


Originally Posted by dremaldent (Post 3032878)
Realignment is delayed now...

My guess is that the company is waiting to hear back from the Treasury Department on the status of the application for the CARES act bailout.

RabidW0mbat 04-15-2020 01:12 PM


Originally Posted by Imapylot (Post 3032881)
Why is everything being delayed at this point? Do they even know what they’re doing up in ATW?

they need more time to right size the furlough...

BRayW 04-15-2020 03:07 PM

An article said 200 airlines have applied so the CARES act must have acceptable terms. It also said grants for under $10M won’t require equity or compensation.

Melit 04-15-2020 03:18 PM


Originally Posted by BRayW (Post 3033001)
An article said 200 airlines have applied so the CARES act must have acceptable terms. It also said grants for under $10M won’t require equity or compensation.

Are there 200 airlines in the US?


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