Originally Posted by
deltabound
I can't read any of these "news" stories with a straight face.
Quoting the CEO of a (very, very sad to say it) disgraced company like Boeing as an authority on anything except how to craft the perfect executive golden parachute kind of shows you don't know what you're talking about.
I agree. I would also add finance reporter are just lazy. AA has almost no short term debt to service and a good cash position. Our cash burn wasn’t too far out of line with everyone else and our airline size going forward matches up. As to our losses AA wrote off everything in Q1. They ate all the cost of aircraft retirements plus most of our pilot buyouts. As to your point about Boeing a big part of the reason our balance sheet got sideways was because of the max debacle.