Originally Posted by
Seneca Pilot
Way too pessimistic. Have a few drinks and relax, then look at the TSA numbers increasing 5-7% week over week, extrapolate that out and airlines will likely be at zero cash burn around the holidays or early spring and as the lockdowns go away and people relax things will improve.
I actually agree with you Seneca. It’s easy to throw fear grenades and cover it with the fact that you’re a finance guy “in the know” when all you are is a PSA guy not in direct harm of furlough. Chris, we all know your opinion, so do us a favor and zip it
AA is not in any near term danger of liquidation. As for Chapter 11, maybe at some point? It depends on factors that are beyond everyone’s controls right now.