Originally Posted by
Downtime
I finally through in the towel on even trying to predict the future but AA seems to have maybe found the softest landing. We are still looking at being a 20 plus percent smaller airline and we are progressing to that goal. The difference being we were truly understaffed of the MAX had been allowed to fly again we could not have handled it. We have been understaffed for a while. Add to aggressive buy outs and and organic retirements and we may escape with 1000 or less furloughs. I’d be surprised if we furloughed no one but I have been wrong before. The other positive for AA was we have by far and away the least exposure to Europe and Asia and a strong domestic presence. That can account for us cutting say five percent less then DAL or UAL.
Man, your posts are one tough read. Yup, you got me, AMR is no longer the ticker, it’s AAL. You see well run airlines keep their same tickers because they don’t go bankrupt. The new AAL has been mismanaged for six years, as its management team tried desperately to create shareholder equity out of three boat anchors. I am confident AAL will be 30-40% smaller summer of 2021. Hold on to your domestic powerhouse ideas, keep telling yourself that. Close your eyes and just believe, Santa Clause is real! AAL will never loose money again. You are leveraged for bankruptcy, you need the fairytale, the other two are actually viable and have something to protect, even if 90% of the economists are right. AAL summer of 2021 will have somewhere between 8,800-9800 pilots. Some will take the early outs, some will retire, some will be furloughed. You are right though, your staffing from 2019 and future retirements are a huge win to the pilot group over there.