The announcement today that travel is permitted to amber list countries is a huge boost to the industry. Green list flights already operating have high load factors (for all operators). If Jet2 are flying, they arent spending any of that debt but are making money. It can sit in their account gathering interest and then be paid back in full when the payment becomes due.
To put that in perspective, when Thomas Cook went bust, they had liabilities of £1.5 billion. TUI currently have liabilities of 4.5 billion.
Rumour has it that Mr Meeson has visited both Seattle and Toulouse in recent days. Read in to that what you will.