Originally Posted by
ninerdriver
Summer. $30MM/day is almost $1B/month. They won't wait until they're out of cash.
American Airlines is going to file for chapter 11 bankruptcy, it’s inevitable. When I read these American regionals debate over schedules, this and that, I almost question if they’re in denial or never been apart of what normally happens. Furloughs are a terrible sign, displacements happen a lot at the regional level with new contracts, but when a regional furloughs that’s usually a REALLY BAD SIGN.
I have a weird feeling that envoy will be the one to survive of the three, and be a feeder for whatever the hell American becomes. But BUCKLE UP, because the ride has just begun. I’ve lived through this story, it changes you, but doesn’t define you unless you let it.