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Old 04-10-2020, 06:51 PM
  #12  
dera
In a land of unicorns
 
Joined APC: Apr 2014
Position: Whale FO
Posts: 6,401
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Originally Posted by da42pilot View Post
They can do things like rely less on leasing airplanes (more full ownership) and carrying less debt ie more conservative growth.
Having that much excess cash with no leverage only makes you a prime target for some mr. Icahn to take you over when hard times hit you.
And even with 18 billion in cash right now, the airline would have 0 dollars in 6 months, and would be in even more serious trouble.

There isn't any kind of buffer an airline can have to prepare for something like what we are experiencing right now.
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