tone

I know AMR recently paid down around $3 Billion of its debt, but they still have over $17 Billion. Even with profits so high per quarter, is this a tremendous amount of debt for a major? Seems like even doing so well they may still be walking a tightrope??

Riddler

What's the currend debt at other legacies?

aa73

At the end of the 3rd quarter, AMR's net debt (debt minus cash) was $11.2B, down from from $14B same time last year. Not sure how you came up with $17B.
All this in spite of $100/barrel oil... and they say they can't give us a raise?

FUPM!

73

pilotss

Don't even start with the screwy statistics. If these companies didn't make money Wall Street would pull the plug.

Take it back. Get it all back. We ALL have sacrificed with this last round of cuts. We are now paid in line with many industries however we don't get holiday pay, holidays off, we are away from our families much to often.


This was acceptable when the pay was a consolation to be an above average provider. However, as highly trained professionals our average salaries are not congruent, it is time to take it back.

APA will be negotiating a headway for all of us.

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disclaimer - posts have the credibility of unicorns and company pensions.