The company now estimates its average core cash burn, excluding changes in working capital, to be in the range of $1 million to $3 million per day in the quarter, compared with its previous estimation in the range of $2 million to $4 million per day. Reporting by Arathy S Nair in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles. The shares were down 2% in early trading about an hour before Wednesdays regular session. (https://bit.ly/3vdNdxa)The Dallas, Texas-based carrier also raised its estimates for fuel costs in the second quarter to be between $1.90 and $2.00 per gallon, from its previous forecast in the range of $1.85 to $1.95 per gallon. That is $1 million better than a previous forecast.
The company now estimates its average core cash drain, excluding changes in working capital.
( z0 estimate :ARG0 ( z1 company ) :ARG1 ( z2 drain :ARG0 z1 :ARG1-of ( z3 average ) :ARG2 ( z4 cash ) :ARG2-of ( z5 exclude :ARG1 ( z6 change :ARG1 ( z7 capital :mod ( z8 work ) ) ) ) :mod ( z9 core ) ) :time ( z10 now ) )
(z0 / estimate-01
    :ARG0 (z1 / company)
    :ARG1 (z2 / drain-01
              :ARG0 z1
              :ARG1-of (z3 / average-01)
              :ARG2 (z4 / cash)
              :ARG2-of (z5 / exclude-01
                           :ARG1 (z6 / change-01
                                     :ARG1 (z7 / capital
                                               :mod (z8 / work-01))))
              :mod (z9 / core))
    :time (z10 / now))
The company now estimates its average core cash drain , excluding changes in working capital .
z0 :time z10
z0 :ARG0 z1
z2 :ARG2 z4
z2 :mod z9
z2 :ARG1-of z3
z0 :ARG1 z2
z2 :ARG0 z1
z2 :ARG2-of z5
z5 :ARG1 z6
z7 :mod z8
z6 :ARG1 z7