Originally Posted by
Purpleanga
Don't you just love airline CEOs? They're a notch above used car salesmen.
It would be interesting to see if Midwest/Frontier lasts long enough to see these airplanes. I'm pretty sure RAH's cash reserves will. And also how the Mitsubishi jet plays out for Trans States since they're supposed to get delivery a year ahead of the C series.
RAH doesn't have much cash on hand...only 350mil of which 190mil is restricted vs 2.8 BILLION in DEBT. Doesn't seem like a good ratio. That and they missed the analysts targets by half (3 cents per share vs the expected 6).