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Old 07-08-2019, 02:21 PM
  #29  
FlyPurdue
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Joined APC: May 2009
Position: 787
Posts: 454
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Originally Posted by Name User View Post
Total capex since the merger has been around $25b IIRC and total stock purchased has been $12b.

Assuming a rate of around 5%, that's around $50m a month in interest charges.
AA has $7B+ in liquidity, that money is making considerably more than 5%.

What should concern all of us is the same thing that concerns all the Wall Street analysts...not debt but revenue.

In 2018 - Delta made 107% of AA's revenue - while only flying about 90% of the ASMs. That is what is driving the majority of the gap between AA and the industry.
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