RE:RE:RE:US peer Delta bleeding badly Keeping it simple, Delta is not at all the superbly managed business you say it is. It is pitiful in terms of the cash equivalents position it finds itself in. Have a look at the links I posted. Liquidity ratio is simply BAD. AC is at top of heap, and in troubled times that’s what counts. No different than Cdn households story. Not what your income before trouble that matters, but how much savings you have relative to your old annual income. Having said that, I also own BRK. False junk being perpetuated to fool investors who do not research much. BRK will still own huge amounts of Delta even after selling some Delta. In typical Buffet approach, BRK will provide debt financing to Delta, later convertible to equity, and wind up owning even more. Professional investors know this, already. BRK will make huge multiples on this debt finance. AC will not be entertaining any diliutive government initiatives. It’s competitors may not have a choice. This is s big plus for AC and it’s new American investors.