Originally Posted by
LUVPLANES
Yup SWA has always done well during the downturns. We need to raise 15.4B, assuming we’ll get 4.5B from the government loan, we’ll still need 10.9B. They shot themselves with 20B in stocks buybacks.
Shot is in the foot too. They had prepositioned questionioners during the Q & A. That would have been THE question to ask if it had been spontaneous call in.