Originally Posted by
BoilerUP
With what cash?
XJT has 244.26M in total cash according to the last 10-Q, with 153.49M in debt. Compare that to Republic Airways Holdings, which has 162M in cash and 1.41B (as in billion
) in debt...and Midwest Air Group, with only ~99M in cash and 47M in debt.
not to mention awac's holding company has sold and holds almost half a billion in US Air stock, of which about $200 mil is liquid cash (post sale of stock). awac could more afford the buyout than anyone else (but it ain't gonna happen
). that doesn't count what air wisconsin airlines corp has on hand.