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Thread: [Speculation] AS Market Cap and AA / OW
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Old May 24, 2020, 12:13 pm
  #13  
NoLaGent
 
Join Date: Sep 2011
Location: SFO
Programs: AS, UA, WN, IHG Diamond Elite, Hyatt Globalist, Hilton Gold, CET 7*
Posts: 3,299
Originally Posted by milypan
Furthermore, their mileage program has an appraised value of $18-30 billion. So if you get rid of that, then you’ve taken on a ton of debt and thrown away the assets. And if you don’t get rid of it, then welcome to the new Alaska AAdvantage Program...
Actually, wouldn't it become the Alaska AAdvantage U.S.A. program since they're putting their mileage program down as collateral for the second loan of 4.5B thru the CARES loans?
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