Aviation parts of the CARES act

paincorp said:
Delta isn’t a regional....
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Touché; I looked at the numbers and OO spends about $7M/ day at full strength. So $99.999M could probably squeeze them by for six weeks in their current state. I suppose there are lots of lease payments to be made. $100M isn’t that much money. It’s all quite eye opening on how much it costs to play Airline. Anyone ever play that airline computer game? AeroBiz or something like that. I can’t remember the name right now.
 
shutdown said:
So far requests for exemptions from the service obligation have come in from:
JetBlue Regulations.gov
Spirit Regulations.gov
Hawaiian Regulations.gov
Frontier Regulations.gov
Delta Regulations.gov
Click to expand...
shutdown said:
Alaska Regulations.gov
United Regulations.gov
Allegiant Regulations.gov

Linked in the other thread, but figure I might as well here too:
From 'This will lead to airline bankruptcies' — flight attendant union furious with Treasury bailout offers turning the grants into partially not-grants-but-loans seems to be a stipulation not all airlines are happy with:
Click to expand...

Sun Country Regulations.gov
Cape Air Regulations.gov
Silver Regulations.gov
American Regulations.gov
Southern Regulations.gov

Response to JetBlue Regulations.gov
Response to Spirit Regulations.gov
Both responses are pretty much "Nope" unless an airport is pretty much closed.
 
How is section 4003 c.2.G on page 192 interpreted? It's talking about the loans. If they are taken, the receiving airline can only furlough 10% of its work force until March?
 
Solar Bear said:
How is section 4003 c.2.G on page 192 interpreted? It's talking about the loans. If they are taken, the receiving airline can only furlough 10% of its work force until March?
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The way I interpret it they can only furlough 10% between now and September 30, 2020. After that they can cut at will.
 
El Oso said:
The way I interpret it they can only furlough 10% between now and September 30, 2020. After that they can cut at will.
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You're totally right, I think my eyes were just tired and I was reading what I wanted to read. I've read on some other forums that there is a stipulation with the loans that only allows you to furlough X amount of people until the money is paid back in full. Have your read anything like that? I'm still looking myself.
 
shutdown said:
So far requests for exemptions from the service obligation have come in from:
JetBlue Regulations.gov
Spirit Regulations.gov
Hawaiian Regulations.gov
Frontier Regulations.gov
Delta Regulations.gov
Click to expand...
shutdown said:
Alaska Regulations.gov
United Regulations.gov
Allegiant Regulations.gov

Linked in the other thread, but figure I might as well here too:
From 'This will lead to airline bankruptcies' — flight attendant union furious with Treasury bailout offers turning the grants into partially not-grants-but-loans seems to be a stipulation not all airlines are happy with:
Click to expand...
shutdown said:
Sun Country Regulations.gov
Cape Air Regulations.gov
Silver Regulations.gov
American Regulations.gov
Southern Regulations.gov

Response to JetBlue Regulations.gov
Response to Spirit Regulations.gov
Both responses are pretty much "Nope" unless an airport is pretty much closed.
Click to expand...

Response to Hawaiian Regulations.gov
Response to Delta https://www.regulations.gov/document?D=DOT-OST-2020-0037-0080
Response to Alaska https://www.regulations.gov/document?D=DOT-OST-2020-0037-0081
Response to Silver https://www.regulations.gov/document?D=DOT-OST-2020-0037-0094
Response to Cape Air https://www.regulations.gov/document?D=DOT-OST-2020-0037-0095
Response to United https://www.regulations.gov/document?D=DOT-OST-2020-0037-0097
Response to Sun Country https://www.regulations.gov/document?D=DOT-OST-2020-0037-0098
Response to Frontier https://www.regulations.gov/document?D=DOT-OST-2020-0037-0099

New request from Spirit after DoT changed how they consider requests: https://www.regulations.gov/document?D=DOT-OST-2020-0037-0100
 
shutdown said:
So far requests for exemptions from the service obligation have come in from:
JetBlue Regulations.gov
Spirit Regulations.gov
Hawaiian Regulations.gov
Frontier Regulations.gov
Delta Regulations.gov
Click to expand...
shutdown said:
Alaska Regulations.gov
United Regulations.gov
Allegiant Regulations.gov

Linked in the other thread, but figure I might as well here too:
From 'This will lead to airline bankruptcies' — flight attendant union furious with Treasury bailout offers turning the grants into partially not-grants-but-loans seems to be a stipulation not all airlines are happy with:
Click to expand...
shutdown said:
Sun Country Regulations.gov
Cape Air Regulations.gov
Silver Regulations.gov
American Regulations.gov
Southern Regulations.gov

Response to JetBlue Regulations.gov
Response to Spirit Regulations.gov
Both responses are pretty much "Nope" unless an airport is pretty much closed.
Click to expand...
shutdown said:
Response to Hawaiian Regulations.gov
Response to Delta Regulations.gov
Response to Alaska https://www.regulations.gov/document?D=DOT-OST-2020-0037-0081
Response to Silver https://www.regulations.gov/document?D=DOT-OST-2020-0037-0094
Response to Cape Air https://www.regulations.gov/document?D=DOT-OST-2020-0037-0095
Response to United https://www.regulations.gov/document?D=DOT-OST-2020-0037-0097
Response to Sun Country https://www.regulations.gov/document?D=DOT-OST-2020-0037-0098
Response to Frontier https://www.regulations.gov/document?D=DOT-OST-2020-0037-0099

New request from Spirit after DoT changed how they consider requests: https://www.regulations.gov/document?D=DOT-OST-2020-0037-0100
Click to expand...

A bunch of responses and requests since the DoT started loosening up the obligations that I'm not going to go back and link to. Mostly non-majors dropping hub airports, some majors requesting to consolidate service to points that are pretty close driving distance from each other.
The main change was DoT a week ago saying that all carriers could choose up to 5% or 5 points, whichever is greater, to drop their service obligation, as long as some carrier still serves the point. This is on top of the previously granted exemptions.

Regulations.gov

www.regulations.gov www.regulations.gov
 
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