gutshotdraw
ZERT Wilson CQB User
- Joined
- May 6, 2005
- Posts
- 3,226
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They are a sinking pirate ship trying to board and takeover NWA's $3.7 Billion (unrestricted $$) ship of gold to stay afloat. *Ref 2008 ALPA E & F A
DAL has less than $2.0 Billion unrestricted cash on hand for a $18 Billion Revenue Company9(Cash to Revenue Ratio) Dangerously close to CH-11/7. They brag about $4.0 Billion liquidity because of a $2.0 line of credit. They DON'T need to take on any more debt. They are a sinking pirate ship trying to board and takeover NWA's $3.7 Billion (unrestricted $$) ship of gold to stay afloat. *Ref 2008 ALPA E & F A
Unload, clear, and lock!
Sniping about who brought the most cash/debt is lame.
Huh? I guess you forgot that we had an offer from Air France to help pay for the merger, and we said no. What does that mean? IF we ever needed help, good ole Air France would fund us. We obviously didn't think it was necessary. That is like having a bank nearby, at anytime. They will help us out if we need help in the future too, but instead we will merge with NWA and financially we will be more sound. And, we will dominate the world and become THE BORG. And best of all, we will all wear hats and double breasted uniforms, and chicks will "dig us."
Don't get tied up in a knot rumrunner, you may poop your pants...
Bye Bye--General Lee
I love you man (no, not in that Navy sort of way), but why no post on this until after FDJ2's? He didn't start the flame war after all. He just answered it.