Originally Posted by
Andy
You guys are hilarious. That's the way all airlines do it. AA's debt is manageable. They'll take delivery and do the standard sale/leaseback on the planes. Sheesh.
You clearly have never read their SEC filings.
Compare it to UA or DL. They are not even in the same ballpark. UA has 5.4 billion in shareholder equity. Delta 3.7 billion. AA, minus 7.4 billion.
Sale/leaseback, really? Funny guy haha
Do you even know what that means, and how little that helps AAG and their balance sheet.
That's like saying a reverse mortgage is your retirement plan because that way you don't have to save for retirement because you get such a large lump sum of money.