Add cash on hand on the financial statement. It would be nice to see that figure when looking at other airlines. Also the amount that has been used for aircraft deposits (restricted cash)
Cash in the financial statement
Started by Russ, Apr 05 2006 08:21 PM
#1
Posted 05 April 2006 - 08:21 PM
Bushey Airlines
A little of this and a little of that.
Member ACE
A little of this and a little of that.
Member ACE
#2
Posted 17 April 2006 - 09:36 PM
No, because if you could see that, then other airline could smash your routes and instantly make you lose profit, knowing you couldn't do anything because you don't have the cash. Anyway, it's not like American goes up to United and says, "Hey, United, how much cash you got on you?"
Kevin
ID: 1754
ID: 1754
#3
Posted 17 April 2006 - 10:01 PM
No, because if you could see that, then other airline could smash your routes and instantly make you lose profit, knowing you couldn't do anything because you don't have the cash. Anyway, it's not like American goes up to United and says, "Hey, United, how much cash you got on you?"
Actually, they can figure that out from their SEC fileings. Maybe only quarterly.
I am not sure the logic of your first statement works since I don't need a cash statement to smash routes. All I need is enough DOP to cover the losses and react to any retalitory rate changes. Route smashing would only affect cash if the victum only had a couple routes and if you could make the DOP go negative.
Bushey Airlines
A little of this and a little of that.
Member ACE
A little of this and a little of that.
Member ACE
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