Originally Posted by Opakapaka

Please tell me you understand why the market cap rises and drops? I'll give you the cliff notes version...

The stock price means squat, except to investors... Hell the market cap increased some 20+% in the last few days ( Did anything change from Monday until Thursday? Other than speculators and some hedge fund managers writing their theory about the future)....

It's all about liquidity, or simply how long a company can last.. Sure, someone could buy is with a share purchase... Pick an airline that is in that position right now, you all gonna purchase us? Spend some of that $6.2Billion...I'd be more concerned with your $8.3 billion/yr in labor costs alone, not including operations. (or for the math challenged $23.05 million/day in labor)

We're all in a precarious position... But I like our chances, because in reality it comes down to very simple math. We have $xx.xx amount of available free cash and burn a relatively small amount per day compared to everyone else. (even less with the recent leave takers who graciously accepted leaves, nearly half the pilot group.) If that is too hard to understand, try this... Take your personal savings, divide that by your monthly obligations... That'll give you the amount of months you have until the bank account is dry.

SWA has roughly 7x the amount of savings ( according to the interweb) but appears to be burning 15x as quickly HA, just in labor. All subject to change with the Gov't grant, leaves etc.

On top of that we made the decision, (IMO correct decision) to not fly much at all for a month or two. We burn even less that way vs. flying empty aircraft all over the country. And in the end I suspect people will go on vacation well before businesses start shipping their employees all over the country. We'll also be able to ramp up service very quickly if needed. We all have some semblance of a schedule still, planes sitting in one place and only fly to a handful of destinations.. Bottom line is we're very nimble.


If ya wanna believe we have $85 million in the bank, have at is hoss…..But I would think with someone so connected to Hawaiian, you would have that information already... One guy here claims to personally know half our pilot group.

And as far as our actual numbers, Ingram asked that we don't divulge specifics ( for those HA people here)...

Originally Posted by kingairfun

Hey, i hope everyone including your airline weathers this storm. It’s a tuff business and I’ve already been through closures.
Peter Clark Is a good friend of mine and you’re recent sad news of an ex Aloha pilot crushed me... I had pizza and beer yesterday as his wife instructed as I assume you did too. Life’s to short.
Let’s just agree to disagree. Hopefully both of us have a job on the other side of this. 🏄‍♂️

Originally Posted by 305808

We can last way past summer. Fixed costs with fleet mostly grounded are 1.5 million/day. Without the bail out money, we have around 850 million in cash. That’s over a year and a half’s worth of bleeding before a bankruptcy. Add the bail out money, and that doubles.

Originally Posted by 305808

We can last way past summer. Fixed costs with fleet mostly grounded are 1.5 million/day. Without the bail out money, we have around 850 million in cash. That’s over a year and a half’s worth of bleeding before a bankruptcy. Add the bail out money, and that doubles.

Originally Posted by boarderdw

Sorry, that is not how bankruptcies work in the business world. Businesses will file bankruptcy long before the last dollar. Also your total costs are much higher than 1.5 million a day. Not saying you are going bankrupt just highlighting the false math.

Originally Posted by 5and20

1.5M loss per day. Fixed costs are an estimated 70%.

Originally Posted by 305808

there is no way your total costs are only 1.5 million a day. All you really save parking planes is gas. You are still paying your people and airport leases

Originally Posted by 305808

there is no way your total costs are only 1.5 million a day. All you really save parking planes is gas. You are still paying your people and airport leases