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Old 03-16-2021 | 02:39 PM
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Monkeyfly
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From: 777 CAP
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Originally Posted by hummingbear
"Positive adjusted core cash burn". Sounds like some very carefully crafted corporate speak- does anyone know what it actually means? I'm thinking something like "we are no longer losing our own money- only the government's". Scott points out in his video that this is not the same thing as profitability. Only in the corporate world is there a vast territory between not losing money and actually making some.
Bingo, especially true in the airline world.
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