yup........

Ahh. Last I had heard we expected to get the burn rate down near zero by the end of the year. I had not heard anything different as of yet but who knows.

I think that was said when there was still optimism that we’d see increasing passenger counts through the end of the year. It’s pretty stagnant now, and without any increase in revenue I don’t see how we could possibly get there.

what happened to the initial numbers?

we were-
20% fall
40% jan
60% spring 21
80% summer 21

we are still exceeding the original numbers the company put out.

I have to point something out too. I hear tons of talk about how long it'll take to return to 2019 levels. What people forget and don't want to mention is that 2019 was a record year for air travel. The numbers were astronomical. But do we need to get back to 2019 levels for us to be in the green?

What about 2017 levels? 2016..2015? Airlines were doing great during those years as well, hiring and growing and nobody on furlough. So how long to get to 2015 levels? Or even 2012? The correct answer is "I don't know" as this thing changes fast.

What the consensus all agree on is that a vaccine will be available by the end of the year to the beginning of next year. Barring some other unforeseen disaster, that should be enough to start moving things in the right direction. Even the eternal "realist" Dr. Fauci has said as much.

I don't know how any of this will help us between now and then. But it's important to remember that we don't need to get back to 100% 2019 levels for things to turn around for us.

Yeah but no airline is gonna survive without the return of revenue. I think delta said like 25 millions is as low as they can go without revenue.

yeah I mentioned this a while back in the thread. It wasn't too long ago that airlines survived not making a billion dollars a quarter...I mean dumb math says that if we profit just $1 measly dollar for the year than our daily cash burn would be zero. I am sure its a lot more complicated than that but the point is the same, we don't need 2019 levels to survive this.

Dream scenario Rodney- Hope these numbers happen or all airlines are furloughing thousands.

unfortunately, we "reopened" in May, just in time for summer leisure. Which is great, but we have no idea what the numbers will be in the coming months, when summer travel is over.