Originally Posted by
deltabound
As predicted, this massive loss of cash is being spun as some sort of fantastic "win" by the spinmeisters.
Originally Posted by
deltabound
Yeah, that might be a bit hyperbolic.
It's not hyperbolic. Hyperbole implies some sort of truth. Your statement is completely false. Delta Air Lines ended the 2nd quarter with 5.4 billion in unrestricted cash, and predicted ending the 3rd quarter with 5.1 billion. The results today show the 3rd quarter ending with 5.8 billion in unrestricted cash. 5.8 is higher than 5.4 dude.
"As predicted, this massive loss of cash..." You couldn't be more wrong.
Carl