Originally Posted by
chrisreedrules
All 3 legacies end up in bankruptcy I think is the most likely scenario. UA goes first. AA next. Delta won’t want to feel left out.
you do realize that airlines were just fine not too long ago WITHOUT making a Billion dollars ever quarter. I am not saying that we will be just fine but it seems some think we have to return to pre-covid levels in order to "survive" is a little extreme IMHO. AA's game plan is reduce daily/monthly cash burn for now but still being nimble enough to capture market share when it presents itself....bankruptcy is for restructuring problems, we dont have a structuring problem, we have a demand problem and hopefully that returns and a good enough pace for us to ride it out through retirements and LOAs..if cash burn is ZERO by the end of the year, they can certainly ride it out. Comparing the 30% reduction of management and trying to draw a parallel to pilot staffing is shortsighted. The cost, training time, and mandatory retirements make them completely different, again IMHO.