View Single Post
Old 01-03-2026 | 08:49 PM
  #71  
Excargodog's Avatar
Excargodog
Perennial Reserve
 
Joined: Jan 2018
Posts: 14,177
Likes: 235
Default

Originally Posted by PNWFlyer
in other words, you have no idea how corporate debt works and try to apply your Dave Ramsey strategies.
I am, however, aware that AA paid out about $2 billion in interest expense on that debt in both 2023 and 2024, and will come very near that this year based on the first three quarters. We’ll know for sure when they announce their fourth quarter financials.

alt=""

And that because of their far lower profits and higher debt and debt to equity ratio they are paying higher interest than their legacy competitors. If you hope to convince me that’s a GOOD thing, you are certainly free to try, but I gotta warn you - you got your work cut out for you.

alt=""

alt=""
Reply