Originally Posted by
Beagle
LOL I remember that like it was yesterday. They have been touting their so called liquidity lately...which is really just the amount of the Governments bailout loan that's left and of course that does not account for the other liability which is ticket sales in advance. I think we all know the airline is properly insolvent so there is unlikely to be any talk about a billion in cash this time but you can set your watch by the fact that in several places throughout the capital raise documentation the words revive and thrive will be used....probably many times in an attempt to put lipstick on this pig.