With Warren Buffett selling his airlines, the future of the industry looks more uncertain than ever. But Alaska Air Group keeps showing signs that they are prepared for the worst.
Here's what the CEO, Brad Tilden, had to say:
The company is losing about $260 million in cash per month and they plan to lower that cash burn to zero by the end of the year irrespective of revenues.
The analysts on the conference call do not seem so convinced that this is possible.
Is it? Read the full analysis on my research partnership: https://ishfaaqpeerally.teachable.com/courses/662813/lectures/16734478 Here's my last video on Alaska Air Group: https://www.youtube.com/watch?v=_iqKNLF-eoM
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