Originally Posted by
Al Czervik
American has 15B in cash.
Just a quick google search on current Debt-as of 7/21
AA: 40b
UA: 36b
DL: 29b
Lastly, if AA declares BK I wouldn’t think the pay rates/ contract would be hit. There would be zero chance of recruitment if that were to happen. That’s already an issue across the board.
Liquidity, not cash. Maybe a technicality to some.
Total noncurrent liabilities
54,777
Total current liabilities
19,005
That's end of 2021 statement. These numbers are approx. 5 billion higher than end of year 2020.
I also don't think pilot contracts are the first to go. They would spin off WOs and get rid of a lot of fat before they can substantially touch the pilot CBA.