every airline has debt

Posted by heckendorfmortgage on Saturday, 20. March 2010 at 04:34 Bali Time:

In Reply to: No Debt? posted by GaryD on Friday, 19. March 2010 at 19:34 Bali Time:

Debt and leasing makes the world go around. Every airline in the world has debt, Imagine paying 50 million in cash for one new Airbus320.

If Strategic can service its 'debt' in the longer term then it might survive.