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 think it’s interesting that a possible pay increase is listed as a negative when 1000 or so of the highest paid crewmembers are coming off the list every year and $90/hr FO’s are replacing the upgrades.
=povertyeagle;3464638]AA borrowed at the beginning of the pandemic to build liquidity. They have been paying that down but the long term debt hasn't been touched.
The way you eat an elephant. One bite at a time.