Post by
JuIieRichards on Nov 01, 2023 2:15pm
Oil, Slippery CAPEX
Oil is down to $US 81 range.
AC has a very flexible CAPEX plan. Payments for aircrafts are made on delivery and that schedule is adjusted acccording to the progress of the business and the business needs. Walter is flapping without wings as he needs to draw attention to his work. Savanthi Syth at Raymond James is a heck of a smart lady and has taken the leader's prize.
RBC needs to focus on its huge basket of mortgages that could be shaken up and take Walter down with it.
Comment by
givemeabreak1 on Nov 01, 2023 4:24pm
No Julie they do not make planes overnight. They need to schedule well in advance. RBC is only accounting for the 18 planes they must take in the capex. The flexibility you are referring to is the option for the additional 12 which is not used in the cap ex number. You are out of gas.