Originally Posted by
Al Czervik
Yeah, I could never see that happening.
Vincent: Everyone is your brother until the rent comes due. - Ronin (1998)
Those other airline CEOs suddenly won't be around if there is blood in the water. I'm convinced that CEOs like Gary Kelly are just supporting PSP as part of a greater strategy to gain concessions from union labor and ensure they get an equal share of the pie.
Originally Posted by
biigD
If the industry is still bouncing around 40% come summer of 2021, we’re not going to be the only ones in trouble.
This only works if all airlines are in about the same amount of trouble. American's financial situation is more dire than the other 2 legacies, while over at Southwest Wall Street is still lending Gary money at 4%. American is in the unenviable position of having to make the hard decisions first.