Spirit finding private money instead of the b
#1
Spirit finding private money instead of the b
#2
Gets Weekends Off
Joined APC: Feb 2011
Posts: 657
So if they don’t take the government bailout then they can furlough at will.
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#5
Line Holder
Joined APC: Mar 2020
Posts: 25
It's my understanding they can take the free money/payroll grant and forego the loan offer and go with private money instead. They are completely separate. This doesn't preclude the payroll grant which comes with the no furloughs until Oct. 1st stipulation.
#9
Gets Weekends Off
Joined APC: Dec 2019
Posts: 131
#10
Gets Weekends Off
Joined APC: Aug 2016
Position: Bus CA
Posts: 655
Not true. You can only ask for grants to cover your payroll, based upon your payroll receipts from April-Sept of 2019. The loans are a different story.
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