Originally Posted by
Bluedriver
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.
not validating any of that article but the argument can be made that at THIS moment slots and used aircraft are not at peak values if needed to be liquidated.