Originally Posted by
full of luv
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.
They’re paying off and have been paying off high interest debt. The low interest debt is what they’re not paying off. Why would they when they can make more money other places?