Thread: Q1 Loss
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Old 04-20-2023 | 11:34 AM
  #86  
sailingfun
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Originally Posted by jerryleber
Irrelevant? You don't see it as a sign of a very positive outlook?
I don’t know. As I said it depends on where the capital to pay the debt came from. If they drew down a 5 billion dollar line of credit to have cash for Covid and are simply taking that same 5 billion to pay it back it doesn’t mean much. Most airlines grabbed every nickel they could get to boost cash on hand during covid. They are all paying it back now to reduce interest expense.
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