Originally Posted by dera

You are more optimistic than others there. They hyperleveraged the airline while cutting down the product, assuming people will pay for convenience over service. That didn't happen, and that is why they are 12 Billion less valuable (based on simple shareholders equity) than the next Legacy carrier, and they need over a decade of "best year ever" profits before they are even solvent.

It won't matter to an average pilot there, but it does not dilute the point you are making - AA is financially an absolute clusterf*ck.