Originally Posted by
Docskoli
If you listened carefully today, they are basically saying we are going down without this. Robins email yesterday flat out said we can’t continue the cash burn. It’s not sustainable. Also. - Scott mentioned some of the hard things they had to look at in the fall, like getting rid of the 190’s and all the bad things that come with that but JB wanted to grow out of this unlike other airlines that are furloughing and shedding airplanes. Its a smart move. AA is struggling and probably will have more problems. This is a chance to snag slots we otherwise could never get (he said we cant win that bidding war) and increase our flying and dig out of this hole. Take flip side of this is dumping the 190’s early, shrinking our company and furloughing a **** load of us. I’m not thrilled with the language, but try to look at this from this perspective - the company is against the wall. It has a shot of getting out of this in a way that could make us stronger. Or we can say the hell with it and shoot the golden goose.
I think you're right in a lot of ways....which is why they'll renegotiate the LOA with us. Notice at the end of the call the question was posed to leadership "what will you do if the LOA is voted down." They doubled down on the importance of the deal going forward. I didn't get the sense at all they would throw in the towel on the deal with AA...At this point it's the AA Deal or continue to limp along with stunted revenue and added debt.