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Old 07-08-2019, 08:43 AM
  #15  
full of luv
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Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
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Originally Posted by mainlineAF View Post
Wut? AA has replaced a much higher percentage of their fleet in recent years compared to UA/DL. That is the main reason for the debt load.
That, and after the merger, AA never seemed to make much of an effort to pay down debt.

It may be a competitive advantage..... if there is a huge downturn, AA will be the first into BK court to amend it's debt and rework it's contracts.
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