Originally Posted by Peloton

AA does not not have a issues paying its bills because of high pilot costs. It has issues servicing its debt because it is leveraged to the hilt as it’s retooling with new airplanes. It’s debt load is high not because it has to pay labor but because management made a mistake 20 years ago and stopped replacing airplanes then it had to buy an entire new fleet all at once. Dive into the SEC filings and you might learn a thing or two. AA labor took HUGE pay cuts in the past to keep the airline afloat, management did not follow through and they in fact gave themselves a bonus on the way to Bankruptcy court. But let’s blame labor while Doogie Parker continues to give himself raises so he can go to the annual conquistador meeting with the largest airline.