Originally Posted by
Texasbound
Do we have a new timeline on when AA will declare bankruptcy?
I am shocked that 70% of the voters think they are going file. AA will do fine. I guess the "yes" group is either joking or part of that group that insists Boeing took COVID Bailout money (they didn't).
Bankruptcy is done to preserve cash and have as much of it available post BK. Perhaps they are trying to raise as much cash now, so when they file it will be there to come out of it.