Thread: Bankruptcy
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Old 01-27-2022 | 09:48 PM
  #848  
Andy
Gets Weekends Off
 
Joined: Mar 2006
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From: guppy CA
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Originally Posted by dera
Only if they can float the finance until they actually start making profit.

As a concept, yes, they have the right equipment. It's just a race against time right now if they start making money before their money runs out. They have a year using 2021 numbers. I personally think they can pull it off, but it will be a rough ride for shareholders. They won't produce any value to them for a decade. They are so badly upside down right now. Delta can renew their whole narrowbody fleet tomorrow, and still have positive shareholder equity. AA is what, 7 billion, in the red.
Originally Posted by Excargodog
which they will either go further into debt to take delivery of or defer until they can pay for, or buy then sell them to lease back incurring leasing obligations.

The POINT if you read the post that mine was responding to was about fuel economy. The pister had indicated the fuel economy of the NEO and I wholeheartedly agree that the NEO and MAX will improve fuel economy. But AS OF YET (ie., currently) those more highly efficient versions are a relatively small percentage of the CURRENT AA NB fleet.
You guys are hilarious. That's the way all airlines do it. AA's debt is manageable. They'll take delivery and do the standard sale/leaseback on the planes. Sheesh.
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