Originally Posted by
CBreezy
I'm not an expert or even an amateur at reading financial releases. Did I read that they already paid down their loan that they used the gates and slots to underwrite?
Payment coming very soon, within the week. It will be accounted for in Q2. Retiring approximately $10B in debt. Final pension payments will also free up $1B per year starting 2022. 2022 profit i.e. February 2023 PS check will be biggly yuuuuuuuge (my prediction) given structural cost efficiencies and reduced expenses like interest, retirement, lack of financed new fleet etc.