Originally Posted by
Al Czervik
For debt? A large replacement aircraft order at DL/UAL would get them in the ballpark. Americans debt concerns me. We have gone through a huge spending spree though. New HQ/almost all new aircraft. I think we are ahead of the other carriers expenses coming up.
“American has more than $34 billion in debt, compared to United's $20 billion, Delta's $17.4 billion”
Just to fix a typo:
Delta does not have $17.4B debt, it is currently $10.1B. Also, $1.9B in cash. Cashflow has been about $8B a year.
AA got ahead of their aircraft replacement cycle, hence the debt. DL has 84 scheduled aircraft deliveries in 2019, much are paid in cash. With their strong cash flow, they will be able to continue taking new year over year aircraft without significantly raising their debt.