Originally Posted by
ERAUAV8TR
Debt 33 B
Liabilities 60 B
Not much cash on hand.
They are taking out more loans weekly.
Burning 70 Mil a DAY .....poof
I really don’t get this everyone popping into each other’s threads to say your airline is more f........ then mine. That said given everything going on raising as much cash as possible and not needing it is a better than in a collapse brought on by a second wave not having the cash. It’s a bit like getting a HELOC before furlough just in case you need it for a disaster but not using it.