Originally Posted by
bababouey
Can you give me a brief synopsis on why this is a certainty? I can provide you with cash on hand and loan maturation dates if you’d like. If you simply believe that demand will stay flat for another year, then I’ll withdraw, otherwise please show your work.
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Sure. I’ll show my work.
Stop being naive and open your eyes. I get you support your airline, great. So I’m not going to get into your interpretation of the numbers vs what most analysts are saying. Besides, this is a Spirit forum and not the AA side.
AA reminds me of that scene in Boyz in da Hood where someone proclaimed what they would do for some “blow or rock”
“You got some PPP, you got some loans, man I’ll suck..”
But since this is a Spirit sub forum I’ll add that I hope AA
doesn’t file Ch11. AA loses money competing with Spirit and you have to subsidize your basic economy and fare matching with business and international, which you no longer have. Filing Ch11 will clean up the books and perhaps allow you to be more competitive in markets vs undercutting at a loss. So yes, I hope you don’t file, however AA is no stranger to the protections available to them.