RE:RE:looks like my mid-term investment just became a long term And just like in the past the bomber gets unlucky when they make a presentation ... had they set another date maybe it would have had a little more bounce in its step.. we can't expect much of a comeback for a few more quarters but at least there is more guidance and a clear plan to pay back debt .. we have a new pure play and it will have to perform to shed its bad reputation , no more govt handouts , no more empty promises , no more pie in the sky dreams .. just awesome state of the art private jets ... lets build them ... GLTA
Shamhorish wrote: THANKS, GLAD, NO CCAA,
they way Martel and Bart said it that to cleat 2021, 2022, 2023 LTD they may need to come up with 1 billion $, they will get through low cost loan, or security offering or...., they have not said how
but they will clear 2021, 2022, 2023 long term debt by mid 2021 that is when they will have full amount , proceeds from Alstom deal and also liquidate the 11000 shares of Alstom if it is to bbd advantage to sell them in may 2021
after that, they will have clear pat and next long term debt payment in dec 2024, plnty of time and by then BA will be making good money, rating will change etc, borrowing condition will change , so they may refinance or pay some , by then they will see what can be done to bA advantag
i think here we have 3 PRO , SO BA IS IN GOOD HANDS