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Old 10-02-2014 | 08:26 PM
  #2548  
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80ktsClamp
Da Hudge
 
Joined: Oct 2006
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From: Poodle Whisperer
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Originally Posted by Scoop
Another thing to consider is the lower cost of debt servicing. It has been put out that when our company debt gets down to 5 Billion (B), from whatever ungodly number it peaked at, DAL will be saving 1B/year on interest payments. Let me say that again 1B a year!

We are currently looking at a very, very, favorable negotiating environment. Lets hope we make the most of it.

Scoop
I believe that is measured in at least 3 Moaks of leverage via the standard formula.

Seriously though, completely agreed!
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