Originally Posted by
DWC CAP10 USAF
Sub DL debt now? DL Debt in 2025?
FYI, DL did $13.8B 2Q22 (10% increase over 2019) on only 82% capacity, so 18% down compared to AA’s 8%.
Current.
Current debt:
AA 38b
UAL 33b
DL 25b
It will be interesting to see UAL/DL debt when fleet replacements are complete. AA dug itself into a debt hole right before the pandemic (which may or may not turn out to be a good move).
AA’s main focus is deleveraging. They need DL efficiencies. No one at AA is comfortable making less money that DL with a larger operation. AA does a lot of things wrong but I think we may be in a good position moving forward.