Originally Posted by
ninerdriver
More cash on hand because they just took out a loan a few months ago to pay off another loan.
AA has negative equity... they have nothing but additional credit (if they have any left) to borrow against if that cash runs out.
While all that is true, it takes writing checks that clear to make it through this. AAL has 4.2 billion in unrestricted cash. Liquidity liquidity liquidity is the name of the game.
Which leaves my original statement that they have more cash on hand than UAL or DAL.