Originally Posted by
Wasatch Phantom
ALFA, (ACL and Carl too),
What Carl says pretty much parallels the analysis done by the Boyd Group. Here's a link:
http://www.aviationplanning.com/Imag...%20Reality.pdf
You may disagree with Boyd's conclusions, but Carl is not "out in left field", so to speak, with his comments as you asserted so aggressively.
My prediction is rather than admit Carl was on to something you will follow the DALPA tactic of trying to discredit the messenger (Boyd).
Reasonable cash position and less long term debt than the one that is agressively paying it down. They will exit strong; won't be any hub shifting.