Originally Posted by
THKooj
Not sure if you missed it but when you interview at Envoy, you are interviewing for American. It's one interview for a lifetime career. No need to go to career fairs or keep the resume polished. Your career is set. For life.
You better hope that you have a very long life ahead of you and that you are a long way from age 65. America has retired about 150 aircraft.
Newsroom - A fond farewell to five fantastic fleets - American Airlines Group, Inc.
While they have additional aircraft on order, they have yet to arrange financing for them.
Jan 29 (Reuters) - American Airlines has authorized another $1 billion stock sale, following an ongoing $1 billion offering launched in October to boost liquidity, the company said in a regulatory filing on Friday that also detailed its aircraft financing commitments.
Only three of 16 Boeing 737 MAX orders scheduled for delivery through next year have committed financing, and American has the right to defer delivery of the remaining 13 until 2023 or 2024, it said.
The last bonds AA sold required a 12% coupon. AA simply can’t afford to finance more aircraft at anything approaching that rate. Bot with the $40 billion plus long term debt it already has.
https://www.bnnbloomberg.ca/american...lion-1.1455568
AA is going to be considerably smaller after COVID and will stay that way for quite awhile.