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Originally Posted by Lax Dad
(Post 3004625)
A bear and a rabbit are taking a **** in the woods.
The bear turns to the rabbit and asks conversationally: "You ever have a problem with **** sticking to your fur?" The rabbit, smugly, replies: "Nope, never." The bear says "Good to hear it," picks up the rabbit and wipes his ass with the bunny. |
Originally Posted by MagooFlew
(Post 3004269)
Just trying to play along with the numbers... do you mean payroll B3.2 per yr / 6 = 533M for two months, and 40% savings on that = 212M for two months, or did I (probably) miss something?
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Originally Posted by Arctic9
(Post 3004704)
The word starting to come out is that we are burning through over $120 million PER DAY.
Operating Expenses for 2019 were $39B. Includes $9B in fuel, $2.5B in landing fees and other rent. Possible, but the $120M/day number looks like it's a bit high. And assumes zero revenue. I'm sure that the burn rate is insanely high, but $120M/day just sounds a bit too high. My uneducated guess (based on lowering some expenses) is $90-95M/day. Still outrageously bad and $8B is gone in less than 3 months at that rate. |
Originally Posted by Andy
(Post 3004844)
$120M times 365 = $43.8B.
Operating Expenses for 2019 were $39B. Includes $9B in fuel, $2.5B in landing fees and other rent. Possible, but the $120M/day number looks like it's a bit high. And assumes zero revenue. I'm sure that the burn rate is insanely high, but $120M/day just sounds a bit too high. My uneducated guess (based on lowering some expenses) is $90-95M/day. Still outrageously bad and $8B is gone in less than 3 months at that rate. |
Originally Posted by Andy
(Post 3004844)
$120M times 365 = $43.8B.
Operating Expenses for 2019 were $39B. Includes $9B in fuel, $2.5B in landing fees and other rent. Possible, but the $120M/day number looks like it's a bit high. And assumes zero revenue. I'm sure that the burn rate is insanely high, but $120M/day just sounds a bit too high. My uneducated guess (based on lowering some expenses) is $90-95M/day. Still outrageously bad and $8B is gone in less than 3 months at that rate. |
Originally Posted by JoePatroni
(Post 3005385)
Price of oil has plummeted too.
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Looks like they may have met their numbers of volunteers or close to that at least
Now if everyone gets a 50 hour line awarded for April there should not be furloughs I hope |
Originally Posted by Dave Fitzgerald
(Post 3003791)
I think what he meant to say is, that even if the virus is short lived, (I think it'll be longer vs. shorter,) the affects on airlines and society will last years.
So, no hand shaking anymore? Do I not need to show that I am not carrying a weapon? |
Originally Posted by rp2pilot
(Post 3004486)
I think that went way over most people's heads, Dave. I know you, you're a killing machine even unarmed :). Hope all is well on the left coast.
Thanks, so far so good, but stuck in a hotel for 22 hrs on a closed beach.... |
Originally Posted by tennisguru
(Post 3004869)
Just for reference, on one of our (Delta) video updates from Managment it was mentioned we were burning approximately $40 million/day. Not sure if that is getting any better now that mass cancellations have begun and we aren’t flying practically empty planes everywhere.
United's salaries and related costs for 2019 was $12.1B. That's $33.2M/day for payroll alone. |
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