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TransWorld 04-27-2022 09:18 AM


Originally Posted by dera (Post 3412913)
No they are not. You are just admitting you have no clue how corporate balance sheets work.

Pro tip: It was you who started talking about debt to assets and got D/E and debt to assets mixed up in one sentence. I just said financing new aircraft does not have a big effect on that ratio. If you would have read my comment and understood it, you would have seen I only mentioned shareholders equity, not D/E that you came up with. Raw fact is, AAGs shareholders equity is around 9 billion in the red, where UA/DL are around 3-4 billion in black. Even the largest refleet will not drop these carriers anywhere near that number, I doubt they would even go to red.

Just one comment. I did a Masters. My courses in Cost Accounting and the capstone corporate Case Studies (which involved extensive analysis of corporate balance sheets) were taught by the former CFO of Cummins Diesel. I got an A in both courses. Our 3 person team in Case Studies were complimented by the former CFO, as being the best, most knowledgeable and insightful team in his 14 years as a professor, teaching that course. He thinks I have a clue how corporate balance sheets work.

At that point in time, he sat on the Board of Directors of 3 Fortune 500 companies. He fired questions at us, much as if we were presenting in one of his Board meetings.

dera 04-27-2022 09:29 AM


Originally Posted by TransWorld (Post 3413121)
Just one comment. I did a Masters. My courses in Cost Accounting and the capstone corporate Case Studies (which involved extensive analysis of corporate balance sheets) were taught by the former CFO of Cummins Diesel. I got an A in both courses. Our 3 person team in Case Studies were complimented by the former CFO, as being the best, most knowledgeable and insightful team in his 14 years as a professor, teaching that course. He thinks I have a clue how corporate balance sheets work.

At that point in time, he sat on the Board of Directors of 3 Fortune 500 companies. He fired questions at us, much as if we were presenting in one of his Board meetings.

Impressive. Did not address the issue even remotely though. Glad you are proud of your degree. You got anything relevant to say?

pitchattitude 04-27-2022 09:58 AM


Originally Posted by TransWorld (Post 3413121)
Just one comment. I did a Masters. My courses in Cost Accounting and the capstone corporate Case Studies (which involved extensive analysis of corporate balance sheets) were taught by the former CFO of Cummins Diesel. I got an A in both courses. Our 3 person team in Case Studies were complimented by the former CFO, as being the best, most knowledgeable and insightful team in his 14 years as a professor, teaching that course. He thinks I have a clue how corporate balance sheets work.

At that point in time, he sat on the Board of Directors of 3 Fortune 500 companies. He fired questions at us, much as if we were presenting in one of his Board meetings.

That’s great. I’m an advocate of a well rounded education, but all that matters as a pilot because…?

biigD 04-27-2022 10:01 AM

Holy crap guys, am I gonna be giving jack handies to pay my bills in 2023 or not???

TransWorld 04-27-2022 04:39 PM


Originally Posted by dera (Post 3413126)
Impressive. Did not address the issue even remotely though. Glad you are proud of your degree. You got anything relevant to say?

I repeat, “I am not going to waste my time trying to reason with you.”. Good day.

NoValueAviator 04-29-2022 10:29 AM

Hey guys whats going on in this thread

enyPSIsc2b 04-29-2022 11:32 AM


Originally Posted by NoValueAviator (Post 3414234)
Hey guys whats going on in this thread

Everyone is busy updating their apps. The ship is sinking fast!

NoValueAviator 04-29-2022 11:58 AM


Originally Posted by enyPSIsc2b (Post 3414263)
Everyone is busy updating their apps. The ship is sinking fast!

Sweet man I just cleared my voicemail box out of all the 400 plus JM attempts since I upgraded ready for some more

highfarfast 04-29-2022 01:54 PM


Originally Posted by NoValueAviator (Post 3414273)
Sweet man I just cleared my voicemail box out of all the 400 plus JM attempts since I upgraded ready for some more

I find it funny when they tell me via voicemail that they’re junior manning me as I leave the airplane and make myself scarce. Does anyone actually return those calls?

Cujo665 05-03-2022 06:33 AM


Originally Posted by TransWorld (Post 3413121)
Just one comment. I did a Masters. My courses in Cost Accounting and the capstone corporate Case Studies (which involved extensive analysis of corporate balance sheets) were taught by the former CFO of Cummins Diesel. I got an A in both courses. Our 3 person team in Case Studies were complimented by the former CFO, as being the best, most knowledgeable and insightful team in his 14 years as a professor, teaching that course. He thinks I have a clue how corporate balance sheets work.

At that point in time, he sat on the Board of Directors of 3 Fortune 500 companies. He fired questions at us, much as if we were presenting in one of his Board meetings.


what did they teach ya about the Lorenzo business model….. ?
it’s what AAG is using….


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