Originally Posted by
konadog
wow, personal attacks. billions in losses this quarter (yes, you can argue accounting and how its registered) ands just getting out of ch 11 and the oldest, most fuel inefficient airplanes not in a third world country. it would be naiive to not question long term survival. i do believe AA is in much better shape than both NWA and DAL in in a position to purchase what they want when the opportunity arises.
Wrong. AA is in a worse financial position than NWA. Measured by cash on hand as a multiple of monthly expenses NWA is (or was) second behind B6. AA is 4th but in no position to buy anything. See threads above that pre-suppose that AMR might have to file for bankrupcy.
NWA has $3 billion on cash right now. (maybe $2.8 million after the quarter). From what I understand, the $4 billion and $6 billion loss that NWA and DAL posted was largely accounting for loss of value to the stock, not from operating the airline.
No personal attack, but just expect that whenever you propose chopping up someones airline or question its long term survival, expect to have their employees push back hard. Who do you work for so we can make something up for you.....
New K Now