ATLAS Declaring BK?
08-20-2019 | 04:53 PM
#12
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Joined: Mar 2007
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If you think Atlas has too much debt for goodness sake don't look at American or UPS!
Debt-to-Equity:
AAWW - 113%
DAL - 72%
FDX - 100%
UAL - 140%
UPS - 530%
AAL - 638%
Debt and airlines go together like burgers and fries. Its an extremely capital intense business with very expensive machines that you can't just pay up front for. Keep in mind part of AAWW's business (Titan) is packaging aircraft leases as asset-backed securities so its basically a debt factory for Wall Street. Titan arranged a lot of the leases on the Amazon 767s and most of the 747s at Atlas. Every new jet means a big ol' chunk of debt on the books. Plus, with bond interest rates so low its standard operating procedure for all businesses to be loading up on debt. Its essentially free money at the moment.
Debt-to-Equity:
AAWW - 113%
DAL - 72%
FDX - 100%
UAL - 140%
UPS - 530%
AAL - 638%
Debt and airlines go together like burgers and fries. Its an extremely capital intense business with very expensive machines that you can't just pay up front for. Keep in mind part of AAWW's business (Titan) is packaging aircraft leases as asset-backed securities so its basically a debt factory for Wall Street. Titan arranged a lot of the leases on the Amazon 767s and most of the 747s at Atlas. Every new jet means a big ol' chunk of debt on the books. Plus, with bond interest rates so low its standard operating procedure for all businesses to be loading up on debt. Its essentially free money at the moment.
08-20-2019 | 05:01 PM
#13
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Joined: Aug 2010
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From: 747 CA
08-20-2019 | 05:02 PM
#14
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Joined: Mar 2007
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I'd also like to add that AAWW's debt-to-equity was a LOT lower before the bad earnings call. If it wasn't for the trade war dragging down earnings the stock likely would be closer to its previous high of around $70. That would halve the debt-to-equity level to put it well below even Delta. No points given for what a stock "should" be at but just wanted to point out its a lot higher today than a week ago just because of factors outside Atlas' control.
08-20-2019 | 05:09 PM
#16
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Joined: Apr 2016
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First class/ biz class for any DH greater than 3.5 hours.
If a non stop- will be booked..
Enhancements to intl first class
Lounge access ( swipe company cc )
No middle seats. Upgrade to comfort plus if availability
Some other enhancements- but I fail to remember
If a non stop- will be booked..
Enhancements to intl first class
Lounge access ( swipe company cc )
No middle seats. Upgrade to comfort plus if availability
Some other enhancements- but I fail to remember
08-20-2019 | 06:10 PM
#17
On Reserve
Joined: Aug 2018
Posts: 18
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