Pilot Remuneration cuts is just a drop in the ocean. It wouldn’t make a lot of difference to save the company from collapse. The majority of the company is not being paid currently anyway. It’s all the other costs that continue to roll month after month.
The issues at the present time are aircraft leases, engineering, fees, contracts, property, redundancy payouts.
A330 leases at $1m a month, times such and such many months, the numbers grow very fast.