Originally Posted by MtnPeakCruiser

Airline Free Cash Flow and Buyback Matrix 2020.
Here’s your answer Scoop. AA had NEGATIVE free cash flow of 7.9 billion in the last 10yrs, during which time they executed 12.9 billion dollars of buybacks. So they were going into deeper debt during the same time they were buying back stock to inflate their share price.

If I were an AA pilot, I would want to string up Dougweiser and let the employees flog him in the front lobby of their shiny new HQ.

An interest free government loan isn’t going to be enough for AA to continue on its usual business. AA needs grant (free) money. I know some guys that are going to get hurt really bad by their management’s selfish leadership.