American CFO says liquidity $2.8 bln as of Sept

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Hatu

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Aug 20, 2002
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http://biz.yahoo.com/rc/021016/airlines_am...iquidity_1.html
FORT WORTH, Texas, Oct 16 (Reuters) - The chief financial officer of American Airlines said on Wednesday the company''s liquidity at the end of September was over $2.8 billion, as the troubled airline benefited from access to the capital market.
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Jeff Campbell said the liquidity figure was an increase from the $2.6 billion at the end of second quarter and was due to our continued access to the capital market.
American, whose parent is the Texas-based AMR Corp. (NYSE:AMR - News), ended the third quarter with about $18.6 billion in net debt, which put its net debt to total capital ratio at 88 percent, Campbell said.
 
Oct 14, 2002
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2.8 billion aint what it used to be..
At current rate they will be out of cash in 9 Months
Gee they should make alot of money in the winter Huh!!!
Need to wake up sports fans.Time to flush the flush
and start fresh before it is to late..
Chaaaa Chinggggg
 
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