04-14-2020, 06:50 PM
(04-14-2020, 05:50 PM)divmenow Wrote: Airlines = too big to failYeah they are too big to fail for now. I'll just keep trading DAL. They'll be profitable again in a year or two.
Glad I decided to buy DAL today. Airlines ready for liftoff ?
I just looked at AALs deal....
Just received grants and loans that pretty much = 100% of their current market cap. Asked for an additional gov loan of similar amount so that makes 200% of market cap. That doesn't count the debt they already had, and they were already the most indebted major airline.
Sounds like a legit business plan to me. They should take the money and buy back shares lol.
