Originally Posted by nene

Traditionally:
SWA is like the Uber conservative realestate investor who only buys small houses with cash to rent out with proceeds from its other rentals.

Delta borrows money to buy fixer uppers and tries to refurbish them into an investment property.

United/AA leverages heavily and buys new construction condos and commercial realestate.

If the economy falters, company woes follow predictable paths.