Originally Posted by
Bungalow
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You’ve already gone bankrupt. The American taxpayer bailed you out.
Take the opportunity to thank them at your earliest convenience.
Along with every other airline in the US, except for maybe Allegiant.
I know it’s good clickbait to attack American, but no airline was immune from this unprecedented event.
You probably are the type that thinks Delta would’ve made it out perfect. Wrong. Southwest? Not. United? Nope. I’ll give you Allegiant, they are the highest airline stock and had the cash to make it for sure.
But, yea, American Airlines was the only carrier that absorbed financial impact from covid. It only broke out in DFW, CLT and MIA. Every other city was fine for travel, so every other airline didn’t receive government money and kept flying high on their own dime, right?
Gary Kelly never made a trip to DC to lobby for the second and third round of PSP, surely he wouldn’t need to because they would never need that kind of free money at Southwest!
Now go ahead, talk about their debt. It’s all debt from buying too many flat screen TVs for their friends, definitely not any debt that involved fleet renewal. Oh and stock buybacks they did, that was horrible. Warren Buffet wouldn’t even do stock buybacks, those are so horrible he would say, right?
Delta was the only airline to make the best investments through/prior to covid, their decisions paid off the best!