Thread: Hiring Resuming
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Old 04-16-2021 | 04:42 PM
  #581  
dera
In a land of unicorns
 
Joined: Apr 2014
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From: Whale FO
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Originally Posted by ninerdriver
Except for the debt that AAG is using to pay off its debt, AAG is cash flow positive.

Basically, AAG is back to cash flow negative based on regular circumstances, not based on Covid circumstances.
No. It means AA does not have to use its cash any more to pay for operating costs, just the COVID specific items. And with their strong cash position, they are on a good path to recovery.
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