Originally Posted by
coodrough568
and somehow you think that if AA files chapter 11, the other two won’t? It only takes one domino to fall and everyone is gonna want that cheap labor/debt reduction.
You need to do some research before making a reply post. DL and UA have substantially less debt and cash burn, and will survive much longer. Concessions have been made at both DL and UA for reasons that you’re not going to enjoy hearing. The reality is 2018-2019 pax loads won’t be achieved again until 2023 and potentially beyond. MAYBE we’ll see profit from a few by the end of 2021, maybe. The only CEO who believes in a quick recovery is DP, which is extremely unlikely.
Doug’s been blowing a lot of smoke lately so I wouldn’t take his words to seriously.
https://onemileatatime.com/americans-ceo-claims-the-airline-will-never-lose-money-again/