I hope AA doesn’t get a bailout. The vast majority of their free cash flow (billions) went to stock buy backs. The company needs to go into BK, the BOD fired, and bring in new leadership.

Also, if any of you think we’re going to come out of this unscathed, you better adjust your thinking and expectation management. Prepare for pay cuts, the ‘f’ word, displacements/downgrades, etc.

United just announced they’re cutting 60% capacity. Delta is down 40% and reevaluating demand daily. American is still assessing damage and the axe is about to drop.