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Posted on 3/20/20 at 4:46 pm to LSUTigers00884
(no message)
This post was edited on 2/4/21 at 5:27 am
Posted on 3/20/20 at 4:52 pm to LSUTigers00884
quote:
They’ll be the first to bankrupt. Mark my words.
You think WB will allow this? Wrong
Posted on 3/20/20 at 5:01 pm to LSUTigers00884
quote:
Tbh, I don’t feel bad for any of you who have this stock. Their balance sheet is ATROCIOUS.
What was wrong with their balance sheet before this? I thought it was pretty good for an airline in December 2019.
Posted on 3/20/20 at 6:13 pm to LSUTigers00884
quote:
They’ll be the first to bankrupt. Mark my words.
Idk, go look at American Airlines if you wanna see worse. I can't see how they DON'T go bankrupt.
The question is, how much is the gov't going to spend to save these companies? AAL might need $50 bil alone to stay afloat.
This article about JetBlue's COO letter to staff lays out just how dire it is right now for airlines. These companies are going to be hemorrhaging money for months and months.
LINK
And Jetblue actually have one of the better balance sheets in the industry.
Posted on 11/9/20 at 2:04 pm to LSUTigers00884
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