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> Most airlines operate with a day or less of cash reserves That's kind of amazing, and kind of terrifying.
by Leszek 9y ago
> Most airlines operate with a day or less of cash reserves
That's kind of amazing, and kind of terrifying.
- Ntrails 9y agoI also like the description of British Airways as a Pension Fund with a small airline attached. A multi-billion pound deficit to be funded by a company with annual profits of a few hundred million iirc