Thread: Appeal brief
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Old 02-28-2024, 05:27 AM
  #26  
fcoolaiddrinker
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Joined APC: Dec 2012
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Originally Posted by Clear Right View Post
Poorly written analysis; did you notice the Altman Z score? B6 better than Delta, American, Spirit, Frontier. B6 Z score was positive, which means it has a better balance sheet than the others that scored lower. You really think Delta is at risk, he tries to address it in his article with revenue & niche markets, but very poor speculative analysis IMO. He doesn’t even get the facts right on the $470M. Almost all of that has already been paid to Spirit shareholders. Not worth the blogging paper it’s written on.
I noticed some of those mistakes as well.
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