Possibly dumb question... Airlines have spent a shit ton of money on stock buybacks, can't they just re-issue those shares and get some free cash flow? (Obvs hugely diluted)
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Replying to @sgrif
I mean sure but given stocks are sales on future profits no one would buy it right now.
1 reply 0 retweets 0 likes
Replying to @mgattozzi
They will always buy it, just not necessarily at the price you want
3:09 PM - 18 Mar 2020
0 replies
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3 likes
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