View Single Post
Old 02-09-2016 | 08:14 AM
  #3544  
gonyon's Avatar
gonyon
Line Holder
 
Joined: Oct 2010
Posts: 1,499
Likes: 0
Default

Originally Posted by Lobaeux
I'm looking over the statement now, remember we had lower fares in 2015 compared to 2014, fares actually decreased. The Net Operating income is a 40% increase, looks like mainly due to decreased fuel expenses.



The thing that actually makes me a little nervous is the fact that they ended 2015 with over $800M in cash.

Why does that make you nervous? I guess in my mind when you don't own anything you need more cash available?