Old 04-19-2012 | 04:32 PM
  #280  
aa73
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Originally Posted by eaglefly
AMR keeps losing money, yet it's cash has significantly increased. Now, they need to look good to defend their performance, so just before they go for massive employee gutting and the new possibility they'll be dispatched back to the Wharton handball courts because of lack of revenue performance, they produce this.

Anything can be claimed with creative accounting and performance.
Well said, agree 100%. How is it that they endure loss after loss every quarter, yet cash on hand increases? Google Frank Lorenzo's House of Mirrors for the answer.

I still maintain that AA is doomed as a stand-alone carrier. They have lost way too much market share and momentum.
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