KCFlyer
Veteran
- Aug 20, 2002
- 11,282
- 1,427
uafa21 said:KC Flyer - I think awa and u have too much money to shut down quickly. Their CEO, Parker said yesterday that now they will have $2B and that they can stay in there with the rest of them.
What a statement! It's like I have more money to spend than you and I can last longer.
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IIRC - VERY shortly before US filed their first bankruptcy, they had $2 billion on hand. But the 'burn rate' is pretty stiff - And IMHO, they are going to burn thru a lot of money before they ever show a profit.