Originally Posted by
GreatStory
Considering AA margin is horrible, there is a huge probability that when the next recession hits in 2019/20 AA will declare bankruptcy again. This whole thing is kinda moot.
Are you serious? 9% margins in the airline business are historically excellent. DAL and UAL are facing major capital expenditures as fleet renewals becomes a requirement. AAs debt is largely a function of having the youngest fleet in the industry.