Originally Posted by
Finessed
You crack me up kid. He told us all what exactly? Nobody in the forums was predicting BK for American until earliest June/July 2021? The Boeing CEO prediction was non sense from the start once you open the books.
This is the problem with American, they have maxed out all of their liquidity and by doing that have killed their business. How are you suppose to make money paying back interest rates on over 42 billion dollars of debt with some as high as 10%?
Currently they are burning 25-30 million a day sitting on 14 billion of liquidity. Debtors would NEVER let them run through all of their liquidity. But doing the simple math that gives them 1 year and 195 days to burn through it all.
https://www.macroaxis.com/invest/rat...-Of-Bankruptcy
Finessed, it's clear to everyone why you're here. At the end of the day, no one knows how this will play out. Regardless of that fact, you "would love the conversation pointed towards restructuring plans". You believe our company is going to go away, that we are all going to lose our livelihoods, lose our source of income that is essentially the foundation of our lives. This is your opinion, and because you believe it with conviction we must
all have this conversation on your terms.
It's bad enough that you come onto AA threads and do everything in your power to make us feel like our jobs are at risk. It's really pathetic that you feel the need to constantly do it to the young pilots just starting out at regionals. You relish in making them squirm.
Originally Posted by
Finessed
I made a statement months ago in this thread that I thought this airline would find a way to survive. I believe with what I’ve read recently I was wrong.
Get the resume updated
Originally Posted by
Finessed
The WO’s are finished and they don’t even know it.
Originally Posted by
Finessed
American will not survive that long if that’s the case. Inevitably they’ll be forced into chapter 7, game over.
Originally Posted by
Finessed
When American Airlines inevitably goes under and everything is wiped out, including the flow, will you finally give it up?
You made this profile less than two months ago just to rail on people and tear them down. Honestly, does this make you feel better about your life?