Originally Posted by
WB1900
As I mentioned before
they have 20.2bnAEd and it’s not worth to spend 1 to protect the jobs
They will need every fil available.
That amount equates to 5.5 billion USD and over the course of four months (April to July), that is only 45 million USD per day. Whilst we will not be privy to the precise economic details, we will be no different from other large global airlines, that have reported cash burn rates measured in the tens of millions of USD.