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.
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.
ADVERTISEMENT
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.