> Most airlines operate with a day or less of cash reserves Which airlines are w... | Hacker News

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tyingq on May 11, 2017 | parent | context | favorite | on: Air carriers are still failing people with disabil...

> Most airlines operate with a day or less of cash reserves

Which airlines are we talking about? For cash reserves: American Airlines has $6.3B, Delta has $3.25B, Southwest has $3B, United has $4.3B.

Scoundreller on May 12, 2017 | [–]

How are cash reserves defined? AA has $6.3b in "short term investments", but $374m in cash.

tyingq on May 12, 2017 | | [–]

Generally, highly liquid low risk things with a maturity of 3 months or less, for GAAP.

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