Originally Posted by JUNEBUG82

”better off financially” can be defined many ways. In terms of ability to weather this storm with the least amount of financial stress, I would think liquidity and unencumbered assets would be very important. I found a mainstream news source last night (can’t remember which one) that reported Delta has ~5.1b liquidity and 20b unencumbered assets, American with similar liquidity but about half the unencumbered assets, and United 8b liquidity and 20b unencumbered assets. It would be interesting to review a complete analysis of all the airlines including the ULCCs.