Originally Posted by
Al Czervik
AA’s debt isn’t due (in large part) until starting in 2023. I hope we are out of the woods by then. If you think the optics of America’s largest airline liquidating are acceptable you know better than me. If you think anything other than a return to profitability is in other airlines best interests you may need to rethink things. I personally think AA will take a trip through BK. That will drag at least two, if not three or four through the car wash. We will all get through this. How painful it is, is yet to be known. If AA goes through BK it’s going to be painful for all. If AA liquidates it will throw sand under the foundation of all the airlines.
Al I think at this point it’s about cash, not debt. AA doesn’t have much cash and doesn’t have much left to leverage.