QUOTE
. . . Goldman Sachs published a note listing three more reasons to sell into the current rally. The broker highlighted that the shares have bounced roughly 40% since they bottomed on Oct. 10. It said that against a backdrop of the worst air traffic it has seen (excluding wars and SARS) and very tight credit availability, aircraft deliveries in 2010 will fall by at least 15% and earnings per share will be much lower than consensus in 2009 and 2010. It added that EADS will burn an estimated 6.4 billion euros in cash over the next three years.
Request clarification of "will burn". Does this mean that they will have net outflows of (an estimated) 6.4 billion euros, i.e., in excess of revenues?