UAL Care Act details
 

UAL is slow to offer details on their share of CARE Act grant/loan although a red flag that I see is that none of the regional airlines except for Skywest were awarded CARE Act money. A question worth asking is: Will UAL pass-though any CARE money to the United Express carriers to keep them afloat?

Th bottom line is that any CARE pass-though to Express is money that could be used for UAL payroll and shortfalls could result in deeper furloughs at mainline. There's a strong argument for keeping the network in tact, although here's another (potential) example of United paying it's bills on the back's on United mainline employees.

I wonder if the other carriers are in this position.

Doubtful UAL Mainline will pass down funds to float an express carrier at the expense of mainline pilots. Skywest applied and received a grant which leads me to believe other express carriers could have done the same.
Hoping for the best outcome for everyone.

How do you know this? Is it published somewhere?

https://www.nytimes.com/2020/04/14/b...epartment.html

IIRC, some other airlines are still in the process of negotiating with Treasury and this list is potentially not yet complete.

Thanks Winston...

also this

https://home.treasury.gov/news/press-releases/sm977

And this

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2020-04-14/airlines-have-agreement-in-principle-on-u-s-coronavirus-aid

This article says that due to xjet and Republic not being listed that they can't issue warrents.....I wonder how F9 got around this...or if they did at all.

Most regionals fall under the 100 million threshold so they aren't part of the big boy CARES club, these sub 100 million negotiations as well as Republic and XJT are still on-going. I highly doubt any UAX carrier gets money from the mother ship, even the ones that are partly owned. Several have stated they are in dire straits (straights?) and without the money will have massive furloughs. Even with the money I can easily see a few more closing up shop.

Based on Oscars/Scott’s and the MEC email tonight it sure doesn’t sound like that money will flow down to the regionals. It sounds like every dollar will be used to help United weather the storm. The regional market is going to look drastically different by the end of the year.

by 12/2020
645 mainline total
150 50 seaters
and 253 bigger than 50 seats

my prediction

Your numbers seem very specific... Can you share how you arrived at your prediction? Which mainline aircraft did you subtract, and which RJ companies did you subtract?

Thanks,