Thread: Pay Cuts?
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Old 03-19-2020, 07:24 AM
  #46  
Bluedriver
The REAL Bluedriver
 
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,887
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Originally Posted by Trowserchilli View Post
This article is a good read. It has a good chart with all the carriers except F9. It says B6 has 94 days of cash and credit, 105 with assets included.

https://leehamnews.com/2020/03/16/us...-SonUrOmgB3Pq4
It's actually quite inaccurate. Dramatically so.

As mentioned, it doesn't include the newly acquired $1 billion in liquid cash. But possibly most striking, is that it values JB's 1/3 of its fleet which is unencumbered, as well as JB's extraordinarily valuable slot portfolio, at only $200 million.

That's off by magnitudes.
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