Originally Posted by
beis77
Everyone’s looking at the planes, but look at the timing and the price tag. We’re spending $2.5B now (this quarter in 2020) to make these happen in 3-5 years. Spending that much money now in the midst of this crisis seems incredibly irresponsible IMO, for a management team that spouts “cash is king.” It’s like going outside to start repairing the house when the eye of the hurricane is overhead. We should still be hunkering down now with the cash on hand until we’re at least cash burn neutral. The Management team has said they expect this to be a bad winter. Either it’s not as bad as they’re telling us, or this is a stupid move. If things take a dive this winter, they’re going to wish they had an extra $2.5B in liquidity on hand. Waiting 6-12 months to work on this, at least until revenue comes back more, would be much smarter IMO.
I know your a pilot and all, but you clearly don't have a clue how corporate accounting works. Maybe you should leave the more complex accounting things to people who actually do know. They don't tell you what buttons or switches to push or flick, so maybe don't try and tell people how to do their job.