Originally Posted by
Normal Pilot
DTG, EZJ both have net cash. DTG probably has one of the strongest books amongst the airlines.
Any company with more debt that it can pay will eventually go bust, doesn't matter how cheap the debt is, you have to pay it back one day.
It’s easy to think that way. The reality is that debt does not ‘have to be paid back one day’. Rather, it needs to be serviced and debt rolled over. It’s easy to confuse what an individual might have to do, with loans and credit cards and the reality of how business works.