Thread: Bankruptcy
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Old 09-24-2022 | 01:27 PM
  #1259  
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Excargodog
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Originally Posted by El Peso
Are you aware that your company (NK) is about to post losses again for Q3? One of the only airlines not back to profitability yet. I think you should spend more time worrying about yourself and we’ll worry about AA mmkay?
The debt and financing problem is a general one for all junk rated companies - which is MOST of the US industry unfortunately - COVID was not kind to the airlines despite PSP.

That certainly includes NK. The era of cheap money is over - at least for awhile.
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