Item 1.01 Entry into a Material Definitive Agreement.
Revolving Credit Facility
As previously disclosed, on
On
The other material terms of the Revolving Credit Facility are described in the
Company's Current Report on Form 8-K filed with the
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
The information described under Item 1.01 above is hereby incorporated by reference in this Item 2.03.
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Forward-Looking Statements
Forward-Looking Statements in this report and certain oral statements made from
time to time by representatives of the Company contain various forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as
amended (the Securities Act), and Section 21E of the Securities Exchange Act of
1934, as amended (the Exchange Act) which are subject to the "safe harbor"
created by those sections. Forward-looking statements are based on our
management's beliefs and assumptions and on information currently available to
our management. All statements other than statements of historical facts are
"forward-looking statements" for purposes of these provisions. In some cases,
you can identify forward-looking statements by terms such as "may," "will,"
"should," "could," "would," "expect," "plan," "anticipate," "believe,"
"estimate," "project," "predict," "potential," and similar expressions intended
to identify forward-looking statements. Forward-looking statements include,
without limitation, statements regarding the Company's intentions and
expectations regarding revenues (including the targeted combined annual cash
proceeds figures included in this report), capacity and passenger demand,
additional financing, capital spending, operating costs and expenses, pre-tax
income, pre-tax margin, taxes, hiring, aircraft deliveries and stakeholders,
vendors and government support. Such forward-looking statements are subject to
risks, uncertainties and other important factors that could cause actual results
and the timing of certain events to differ materially from future results
expressed or implied by such forward-looking statements. Factors include, among
others, the extent of the impact of the COVID-19 pandemic on the Company's
business, results of operations and financial condition, and the extent of the
impact of the COVID-19 pandemic on overall demand for air travel, the impact of
the new 5G-C-band service deployed by AT&T and Verizon and its potential impact
on the technology we rely on to operate our aircraft; pendency and the
consummation of the merger with JetBlue and the potential negative impacts on
future business that may result from a failure to complete the merger with
JetBlue in a timely manner or at all; restrictions on the Company's business by
accepting financing under the CARES Act and other related legislation, the
competitive environment in our industry, our ability to keep costs low and the
impact of worldwide economic conditions, including the impact of economic cycles
or downturns on customer travel behavior and other factors, as described in the
Company's filings with the
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