Originally Posted by
Al Czervik
Old news
AA paid off 6b in the last year.
AA is currently only carrying 6b more debt than UAL.
UAL has yet to replace their fleet.
AA had 25% more flights than closest competitor in Q2.
That being said, AA has some serious streamlining to do. I believe that is in the works with all 3 owned regionals that have been a financial anchor.
I mean, the lift has to come from somewhere. I don’t know what kind of 4D chess they think they’re playing with the recent pay raises there, but they seem adamant now on having the metal move.
Lots of recent flows (myself excluded) have been having some twinges of regret on that front. Good friend of mine could’ve now been still in the sim making 250K, now he’s making $90/hour on reserve and commuting until December.
Sent from my iPhone using Tapatalk