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Old 12-20-2018, 08:50 AM
  #19  
Andy
Gets Weekends Off
 
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,160
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Originally Posted by Andy View Post
Icelandair had USD $175MM cash on hand at the end of last quarter. Their operating expenses for last quarter were USD $400MM. Their liabilities have grown by USD $195MM in 2018.

Please cite your reference for 5 years' worth of cash reserves; I need a good laugh.
I see FlowPayFO's logged on quite a bit but not responded to my post. I'd like to know where he came up with this outlandish idea that Icelandair had 5 years' cash reserves, as that's clearly not the case.
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