steve4377, they do not have 700 million in cash, I have never heard anything more absurd. They have a debt of 900 million. You said that each plane they buy produces revenue for 20 years, that may be true if you ignore capital depreciation and that they bought all those planes on credit which they have to pay interest on. What assets do they own to make their share price worth .5? Planes that they bought new and are now secondhand. Also they have been making losses every year ever since they got rid of their dividend. They also have been diluting their stock with capital raisings to easen their debt burdens.
I say the stock is no good, and that's that!
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steve4377, they do not have 700 million in cash, I have never...
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