Originally Posted by 1234

Long term secured debt breakdown:
Due 2012 - 2014........$2.446 Billion
Due 2013.............................................. $750 million
Due 2014.............................................. $750 million
Due 2015.............................................. .$600 million
Installments due 2009 - 2023....................$5.4 Billion
Aircraft finance installments 2009-2025......$6.4Billion
Other installments due 2009 -2031.............$1Billion
Total secured debt is ................................$17.4 Billion


ACL, you are absolutely correct in the fact that we must pay this down and it makes me happy with the fact that management is focused on paying down the debt with income generated from operations and not just refinancing when the debt comes due (like what the US Treasury does...but that is for a different day/topic).


[Info was taken from the Oct 2009 10Q report]