I am with you. Over 25 BILLION, BILLION, in debt, less than 7 Billion liquid in the bank. All other assets for liquidity need to be sold to stay solvent, but that will last a few months at a loss of 50 million as day (and they try to spin that as a positive). Revenue way low and far below even operating cost. Stock below 10 dollars a share. No way to create any positive capital, even if they tried. The best and and only way AAL gets through this is through BK, and that’s even going to be ugly. Creditors are not just going to take a bath for AAL to try and be solvent. The only way they unload the debt, get somewhat better payoffs, and gut all the employee cost contracts is BK. It’s coming in short order, along with massive staffing cuts. AAL will not survive without it, and will barely make it through with it. I see AAL as a medium sized domestic airline with very little international flying by this time next year. Winter is coming, and it will change AAL for decades. Oh look here come the chickens to come home to roost.

-You can be an optimist....wearing rose colored glasses

-You can be a pessimist....and say its over

-Or you can a realist....see what coming, plan for it, and be ready to face it head on.

The future is bleak, but not without a light. If AAL has a way to unload its debts, it should. Otherwise it’s done in my opinion.