AA strategy
#84
Gets Weekends Off
Joined APC: Aug 2015
Position: Captain
Posts: 1,561
United is taking on heavy debt with their massive fleet replacement and fleet growth. While Delta and American are focusing on paying off their debt. United is taking on something in the ballpark of 50 Billion by the end of the decade.
I don’t care how much SK tries to spin it. Sure SK claims he got a sweet deal and paid for half the orders in cash. But hear me out, how does an airline with north of 30 Billion in debt pay half of a 737 order off? By taking on more debt!! But yeah sure they paid half of it in “cash”. Every airline has loads of cash on deck, doesn’t play any part in not taking on more overall debt.
I don’t care how much SK tries to spin it. Sure SK claims he got a sweet deal and paid for half the orders in cash. But hear me out, how does an airline with north of 30 Billion in debt pay half of a 737 order off? By taking on more debt!! But yeah sure they paid half of it in “cash”. Every airline has loads of cash on deck, doesn’t play any part in not taking on more overall debt.
last 8k
3 billion in the hole with 22 billion cash and credit
#85
$3 Billion in the hole? Do you mean they paid off $3 billion? Which isn’t correct. As of a few months ago United debt $35 billion, American debt $42 billion. United will soon blow past American. Apparently Kirby doesn’t just love RJs, he loves debt too. His play on international though could turn out to be worth the added debt, we will see.
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