Didn't they convert the leases to PBH, hence no debts, other than planned maintenance being racked up, being stored for free, it's a good deal.
The cash flow issues will start to bite in the UK with the winding down of the furlough scheme, not so much in Spain were the state "emergency fund" allows crews to be laid off without pay and just get a miserable 1000 euros or there about, hence other that social taxes, again NAR have no outlay.
They really need a bunch of funds quickly to keep solvent, not sure how they claim to be able to survive 6/7 months with no income as such, but in fairness the management are trying hard..although with shares falling it's not attractive to investors in any shape or form.
And with the doom and gloom merchants at LGW it's not surprising the LH seat take up is down 97%