Originally Posted by
alfaromeo
Carl,
How much unsecured debt (the kind that gets wiped out in bankruptcy) does American have? What is their total debt? What is Delta's total debt?
Most importantly, why has American's PRASM performance lagged so far behind Delta for the last few years? Why are they losing business travelers to Delta?
You have just about shot any credibility you ever had with your vitriol, that is why I usually don't bother to respond to you. However, you made some bold assertions so come on ace, back up those assertions with facts.
That is why I truly wonder if they are going to survive this trip in to CH11. It is self evident that they recognize this by not applying for DIP financing. They really are a merger fragmentation target.