Originally Posted by
CFIfornow
Al,
Thanks for posting this. I'm amazed that no one else has commented. This airline is in an incredible healthy position as it emerges from bankruptcy. The new AAL has over 10 Billion dollars in cash, enough that the shareholders believe that it is an excess for operations and would like to see some of it returned. On top of that, revenues will continue to increase due to fees and rising ticket prices stemming from greater demand but continued flat to slightly higher capacity.
What caught my attention was that in the quarterly conference call Doug answered an analysts question stating that to contract for the pilots was complete. We are all chipping in our two cents on how the SLI should be done, something that is mostly out of our control, but maybe what we should be doing is contacting our reps and suggesting what we would like to see in the JCBA. We should make sure that the JCBA is on our reps minds and possible remind those who we will be negotiating with. In a world of revenue growth and continued record profits in for the foreseeable future we may never have a better opportunity to negotiate a fair piece of this success. The MOU may have been a good start but it may be a small drop in the bucket in the long term.
CFIfornow,
Any thoughts on AAL's debt structure relative to our piers?
High-Flying, High-Debt Airlines Will Be Forced Back Down to Earth, Again | Benzinga
Older numbers:
Saturday, February 26, 2011:
Total Debt/Capital - Interest Coverage - Name of Company
154.9% - 0.4 - American Airlines (AA) - AMR Corporation
133.3% - 2.1- United Continental (UA)
98.1% - 2.4 - US Airways (US)
94.5% - 2.2 - Delta Air Lines (DL)
83.8% - 1.0 - Republic Airways Holdings - Frontier Airlines (F9), Midwest Airlines (YX), Republic Airlines (RW)
Top 5 airlines with the most debt - National Airlines/Airport | Examiner.com
Originally Posted by
ForeverFO
If Parker didn't care about service before, I think that will change. We've already made a statement with the Airbii transcon configurations. And despite our service the last few years, AA has traditionally been known as a "premium" carrier.
I don't know about you guys, but I'd like to see us return to that. The public is SICK of the cattle car treatment, they're tired of being treated like meat on a hook. I think the market is there.
I'd like to see the nickle and dime fees go away, but they are with us forever... there's too much money to be made, and less taxes to pay.
AAL will have to compete with DAL/UAL and a slew of international carriers. I would think there will be some effort to differentiate the AAL product.
AAL one of the few remaining US carrier thats till over three classes of service on many of its routes. Parker has not indicated that this will be going away.