RE:Leverage Ratio to 1.5 and then LowerJuIieRichards wrote: AC is focused on deleveraging. They are now gushing cash. Plus with well over $10 Billion in liquidity. New crafts will be purchased with cash. And an all out effort will bring the leverage ratio to best in North American industry sooner than management guided. Meaning the 1.5 may occur within next 2 Qs. They may go lower by early 2024. No way AC will simply sit on so much liquidity and keep growing that for no reason. What it means is that the investor profile will shift as institutionals with steady hands will be taking on the shares that the short term investing houses trade today. For long term retail shareholders, take a nap, and hoard. Add on weaknesses. And laugh at broke trolls who have no assets and no dry powder to buy any. GLTA
TROLLS can't handle the truth