Originally Posted by
chrisreedrules
My narrative?
3 bailouts later and I no longer think liquidation is on the table. The next couple years are going to be pretty interesting though that’s for sure.
As for the current situation I think it’s as simple as all the airlines rushing to grab market share while the federal government is picking up a big chunk of the tab. And the pressure on AA is only going to increase. Like I said, interesting couple of years ahead.
Another question for the financially savvy. I understand that two of the biggest costs for airlines are fuel and labor. How's AA compare to the rest of the industry on labor costs?