Should I stay or should I go?
04-27-2022 | 09:18 AM
#91
Gets Everyday Off
Joined: Aug 2016
Posts: 6,995
Likes: 1
From: Fully Retired
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.
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.
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.
04-27-2022 | 09:29 AM
#92
In a land of unicorns
Joined: Apr 2014
Posts: 7,072
Likes: 102
From: Whale FO
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.
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.
04-27-2022 | 09:58 AM
#93
Gets Weekends Off
Joined: Jan 2017
Posts: 2,510
Likes: 0
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.
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.
04-27-2022 | 04:39 PM
#95
Gets Everyday Off
Joined: Aug 2016
Posts: 6,995
Likes: 1
From: Fully Retired
04-29-2022 | 11:58 AM
#98
Gets Weekends Off
Joined: Feb 2018
Posts: 1,547
Likes: 0
From: Resigned
04-29-2022 | 01:54 PM
#99
Gets Weekends Off
Joined: Nov 2016
Posts: 2,607
Likes: 12
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?
05-03-2022 | 06:33 AM
#100
Gets Weekends Off
Joined: Feb 2014
Posts: 3,578
Likes: 48
From: Semi-Retired...
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.
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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