Airline "Cash on Hand"...Will they make it??

Analysts expect a smaller industry when things come back. Several Wall Street estimates put the number of travelers flying in 2021 at roughly four-fifths the number in 2019 — or back to about 2013 passenger levels.
Airlines will have to shrink everything from their maps to their fleets and their workforces in the face of a 20% smaller industry.



Raymond James’ “Cash Burn Forecast”

• SkyWest: 11.8 months of implied cash on hand*
• Allegiant: 10.6 months
• Southwest: 9.4 months
• Spirit: 8.8 months
• JetBlue: 8.7 months
• Alaska: 6.6 months
• Mesa: 6.3 months
• Delta: 6.2 months
• United: 5.7 months
• American: 4.8 months