Originally Posted by
notEnuf
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.
Start filling up the Full Service Bank for ‘22.
Im hoping the 2023 PS check is reduced by the big cost of the shiny new pilot contract. [fingers crossed emoji]