I'd also like to add that AAWW's debt-to-equity was a LOT lower before the bad earnings call. If it wasn't for the trade war dragging down earnings the stock likely would be closer to its previous high of around $70. That would halve the debt-to-equity level to put it well below even Delta. No points given for what a stock "should" be at but just wanted to point out its a lot higher today than a week ago just because of factors outside Atlas' control.