Thread: Bankruptcy
View Single Post
Old 03-05-2021 | 02:49 AM
  #359  
ny797
Gets Weekends Off
 
Joined: Apr 2020
Posts: 250
Likes: 0
Default

Originally Posted by 52Flyer
Can you elaborate a little more on you mean by this? I'm putting in my apps now and AA financials & leadership do have me worried. But based on domicile goals my choice is either them or one other possibility.

Sent from my SM-N986U using Tapatalk
Their financials and leadership should have you worried. Again, I don't believe bankruptcy is in our near term future, however we have a worse contract than pretty much any other major, LCC, or ULCC. That won't be changing anytime soon as even though we are in Section 6 negotiations, I'd say we are 5-10 years away from getting out from under our bankruptcy era contract. The only thing AA has going for it is domicile and retirements, the latter of which could go away under a merger with a younger airline. I won't really go into leadership, because we don't have any.
Reply