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Originally Posted by N311JB
(Post 3003398)
Any math wizards know with the available cash on hand plus the credit how long B6 can operate. Assuming no furloughs, etc
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Originally Posted by Bluedriver
(Post 3003404)
Depends on some assumptions, but if you assume after countermeasures and after the airline works through its negative bookings, it could burn through $10 million a day for about 200 days.
Assuming where we're at now. Reduced leave lines. Off hand with 1 billion in cash and 1 billion in credit the 200 sounds about right. Hopefully the get a piece of the bailout I mean relief money without any earmarks |
Originally Posted by N311JB
(Post 3003531)
Assuming where we're at now. Reduced leave lines. Off hand with 1 billion in cash and 1 billion in credit the 200 sounds about right. Hopefully the get a piece of the bailout I mean relief money without any earmarks
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Originally Posted by Bluedriver
(Post 3003404)
Depends on some assumptions, but if you assume after countermeasures and after the airline works through its negative bookings, it could burn through $10 million a day for about 200 days.
https://leehamnews.com/2020/03/16/us...-SonUrOmgB3Pq4 |
Originally Posted by Trowserchilli
(Post 3003583)
This article is a good read. It has a good chart with all the carriers except F9. It says B6 has 94 days of cash and credit, 105 with assets included.
https://leehamnews.com/2020/03/16/us...-SonUrOmgB3Pq4 |
Originally Posted by Trowserchilli
(Post 3003583)
This article is a good read. It has a good chart with all the carriers except F9. It says B6 has 94 days of cash and credit, 105 with assets included.
https://leehamnews.com/2020/03/16/us...-SonUrOmgB3Pq4 As mentioned, it doesn't include the newly acquired $1 billion in liquid cash. But possibly most striking, is that it values JB's 1/3 of its fleet which is unencumbered, as well as JB's extraordinarily valuable slot portfolio, at only $200 million. That's off by magnitudes. |
Originally Posted by HogEars
(Post 3003554)
ALPA has a call to action letter available. Just a checkbox and then the form letter is sent to your two senators & congressman. Takes 10 seconds. Worth my time.
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Originally Posted by N311JB
(Post 3003751)
Done 2 days ago and frwd to everyone I know
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This a great perspective if mgmt starts to rumble about cutting costs
https://apple.news/ArrQGms8LQh-bKT4cV0li_w |
Originally Posted by Bluedriver
(Post 3003687)
It's actually quite inaccurate. Dramatically so.
As mentioned, it doesn't include the newly acquired $1 billion in liquid cash. But possibly most striking, is that it values JB's 1/3 of its fleet which is unencumbered, as well as JB's extraordinarily valuable slot portfolio, at only $200 million. That's off by magnitudes. Off by magnitudes is an understatement. |
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