pers-headwall
Well-known member
- Joined
- Jan 15, 2006
- Posts
- 50
Really?? I know of a few airlines that have been in the red for decades. That is how they run and prevent pay increases.
No you don't know that. There is no such thing as a business that can lose money indefinitely. When a business loses money over long term its balance sheet (Assets balanced by Liabilities and Equity; thus the term "balance sheet") loses all its Equity and Liabilities exceed Assets. At that point the company is bankrupt. Art, take a lesson in accounting 101 for a basic lesson in business and stop talking out the wrong end.