Originally Posted by
DMEarc
The airplanes are owned by the Export Bank of Brazil until RAH pays them off.
RAH doesn't own all the 170/175 which are operated by them and their subsidiaries. On the 3Q 10Q they show liabilities (debt) of $2.8 billion against cash of $191 million.
That isn't a fantastic cash position.
I think TurbineTime understands that they have a note on the planes. I pay chase for my house, but i do OWN it. Carry on.