Originally Posted by
paxhauler85
We own all of our CRJ-900's (38), a few-700's and a few-200's.
We've got roughly $50 mil in the bank, but owe over $100 mil in the spring.
Things look terrible, but not hopeless.
I think it's more like $34M in cash.
Also, you only own a few smaller airplanes (like less than ten IIRC).
Most, including the 900's are leased, not owned...you don't get to keep them unless you make the payments, and they do not count as any kind of capital assets (mesa leases are operating leases, not capital leases IIRC).
I'd say closer to hopeless than terrible.