Originally Posted by
UncreativeUser
Good lord. Do you read theIr stock analysis that’s put out? Quarterly updates? You can’t be number one all the time, if you don’t like the AA eco system by bashing flow and the company who you’re going to get into then just go to Spirit. Or maybe they didn’t teach business classes at ERAU?
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Having to borrow 750 million @ 5% just to satisfy pension obligations isn't good business strategy no matter what the college's are teaching today. It is another indication of serious trouble. Debt loads backed up by depreciating aircraft assets aren't the worst thing if kept to a manageable level. 22 billion is starting to stretch manageable. Borrowing that 750 mil is telling that AA is having trouble meeting obligations. Otherwise, why borrow at 5%?