Why so much cash?
06-04-2020 | 01:03 PM
#91
Line Holder
Joined: Nov 2015
Posts: 1,365
Likes: 146
The shark on the wall didn't play well with our new Hawaiian customers, but the sentiment still holds true in CONUS.
08-19-2020 | 02:58 AM
#92
Line Holder
Joined: Mar 2011
Posts: 1,114
Likes: 38
Why so much cash?
Looks like we're not taking the 2nd half of the CARES money.
"In July, the Company signed a non-binding letter of intent with the U.S. Treasury with respect to a secured loan with an estimated principal amount of approximately $2.8 billion. As a result of the significant actions taken by the Company to bolster liquidity and its belief that it can secure additional financing at favorable terms, if needed, <b>the Company has since decided not to participate</b> in the secured loan program."
Source: 8-K from 8/19/20
Sent from my iPhone using Tapatalk
"In July, the Company signed a non-binding letter of intent with the U.S. Treasury with respect to a secured loan with an estimated principal amount of approximately $2.8 billion. As a result of the significant actions taken by the Company to bolster liquidity and its belief that it can secure additional financing at favorable terms, if needed, <b>the Company has since decided not to participate</b> in the secured loan program."
Source: 8-K from 8/19/20
Sent from my iPhone using Tapatalk
08-19-2020 | 05:32 AM
#93
On Reserve
Joined: Aug 2020
Posts: 14
Likes: 0
From: Why don't you have a seat right over there.
Looks like we're not taking the 2nd half of the CARES money.
"In July, the Company signed a non-binding letter of intent with the U.S. Treasury with respect to a secured loan with an estimated principal amount of approximately $2.8 billion. As a result of the significant actions taken by the Company to bolster liquidity and its belief that it can secure additional financing at favorable terms, if needed, <b>the Company has since decided not to participate</b> in the secured loan program."
Source: 8-K from 8/19/20
Sent from my iPhone using Tapatalk
"In July, the Company signed a non-binding letter of intent with the U.S. Treasury with respect to a secured loan with an estimated principal amount of approximately $2.8 billion. As a result of the significant actions taken by the Company to bolster liquidity and its belief that it can secure additional financing at favorable terms, if needed, <b>the Company has since decided not to participate</b> in the secured loan program."
Source: 8-K from 8/19/20
Sent from my iPhone using Tapatalk
08-19-2020 | 09:47 AM
#95
At your mom's house
Joined: Jun 2008
Posts: 3,675
Likes: 449
From: cpt 737
08-21-2020 | 03:14 PM
#99
Line Holder
Joined: Dec 2015
Posts: 336
Likes: 7
08-21-2020 | 04:06 PM
#100
Line Holder
Joined: Dec 2017
Posts: 1,122
Likes: 101
From: 737 FO
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