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Old 07-08-2019, 04:45 AM
  #5  
GuardPolice
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Joined APC: Jul 2018
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Originally Posted by mainlineAF View Post
Culture doesn’t pay bills. Cross that off your list.

The debt is there for a reason and its not bc they can’t pay their bills. It’s a business, not personal finance. UA and DL will have significant capital expenditures coming up.

I’d stay. Don’t make an irrational, emotional decision.

No one is arguing this is like personal finance. When the economy tanks again, that debt will be a significant noose around AA’s neck as revenues and profit fall. In bad economies airlines tend to use to debt to survive. Since AA may begin a recession with high debt loads that could be catastrophic for them.

DL, for one, is already in the middle of their fleet transformation and you don’t see the debt racking up at a significant rate.

That’s said, in the grand scheme of things, I think large piles of debt should be considered but not the number one reason for someone to bail from or avoid AA. I think, however, the OP is wise to factor it into his decision.


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