CitationLover
Aw, Nuts!
- Joined
- Feb 26, 2003
- Posts
- 3,316
The cash had nothing to do with day-to-day operations. The intent of the large cash position (20% of annual revenue) is to be able to take advantage of any opportunities that present themselves.
Wall street begs to differ. Why is the market cap LESS than your supposed cash position?
On the contrary, you seem to make it personal. You're mad that your beloved Timmaaaay screwed things up so bad that it got you furloughed, so your emotional response is to take it out on AirTran.
Once again look at the history on this MIDWEST thread. Who brought AAI personally into it? It was a nice conversation until an AAI pilot says this:
But like you said, we will see whether we add flights or reduce flights. Or maybe, we will just come in and wreck your yields during the profitable summer months every year and let you guys stumble through the winter as we redeploy our fleet to the Florida routes.
Only a couple of reporters have indicated that they view it as a bad sign. Most have indicated that the large cash position is a good step forward. We're expecting a small profit in the 2nd and 3rd quarters, even with these outlandish oil prices. We're doing just fine.
I hope you do make a profit and stay business, that's the difference here. You trannies on here gleefully hope for MEH's death.
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