Originally Posted by
OTZeagle1
Have any of you looked at the current liabilities of AAL or UAL? Those numbers are terrifying, unless you believe recessions are fairytales, existing only in the legends of days gone by.
You’re kidding, right? UAL’s Annual capital obligation for long-term debt payments are between $1.1B and $1.4B each year for the next 4 years. Just in the 1st quarter of 2018 alone UAL had a Net Cash Flow of $1.7B! They have so much cash they’ve bought back over $9B of shares just in the last 3 years. The current liability numbers are bigger because they do $37B a year of revenue, vs. Alaska’s $7.9B of revenue. Adjusted for revenue, UAL’s debt is less than Alaska’s as a percentage of revenue.