Thread: AAL or UAL ??
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Old 04-23-2022 | 07:35 AM
  #34  
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JulesWinfield
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Originally Posted by Al Czervik
Copied from elsewhere (AA)

On Debt: it is significant that the company has paid off approx 4.1B in debt since the high water mark of July 2021. They are right on track to pay off their planned in 15+B debt by 2025 even by conservative estimates on free cash flow and capex. Considering the difficulty of the environment over the last year, they have done the hardest work first.
What free cash flow? They’ve had negative cash flow 7 out of the last 10 years, including 2019, the busiest travel year of all time.
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