Originally Posted by
loudclouds
thanks for the update. That long term debt number makes sense. It was over 3 billion pre bankruptcy and they supposedly wiped out just over a billion in the bk process so that number adds up. The important number here is long term debt, the total liabilities include future tickets, maintenance costs, lease liabilities, and salaries.
I saw that after hours trading of FLYY went up 5%. Wonder if someone saw something they liked in the release. I do think it’s very scary that our cash on hand decreases by half.
isn’t there a certain amount we need to have for the credit card companies to continue funding ticket sales? I thought it was 400 million?