Originally Posted by
stbloc
They reported better then expected loss and burning less cash. With double the debt and and a fraction of revenue coming in I have to question how Doug can maintain this operation with minimal cuts. Sometimes I feel like he purposely has the company in the express lane to bankruptcy. Hope for the best but plan for the worse.
Same.
With the big Airbus lease prices coming due in 3022, I get the sense that AA has no choice but to plan as if revenue completely returns next summer. Anything less/ would mean bankruptcy anyway, so full steam ahead until then in hopes of a more V-shaped reconvery..
Hope I’m wrong and it works out for everybody.